43 C.F.R. § 3107.3-1

Current through July 31, 2024

Section 3107.3-1 - Leases committed to plan

Any lease or portion of a lease, except as described in § 3107.3-3 of this title, committed to a cooperative or unit plan that contains a general provision for allocation of oil or gas shall continue in effect so long as the lease or portion thereof remains subject to the plan; Provided, That there is production of oil or gas in paying quantities under the plan prior to the expiration date of such lease.

43 C.F.R. §3107.3-1