30 CFR Part 556
PART 556—LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF
- PART 556—LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF
- Chapter V—Bureau of Ocean Energy Management, Department of the Interior › Subchapter B—Offshore
- Subpart A—General Provisions
- § 556.100 Statement of policy.
- § 556.101 Purpose.
- § 556.102 Authority.
- § 556.103 [Reserved]
- § 556.104 Information collection and proprietary information.
- § 556.105 Acronyms and definitions.
- § 556.106 Service fees.
- § 556.107 Corporate seal requirements.
- Subpart B—Oil and Gas Five Year Leasing Program
- § 556.200 What is the Five Year leasing program?
- § 556.201 Does BOEM consider multiple uses of the OCS?
- § 556.202 How does BOEM start the Five Year program preparation process?
- § 556.203 What does BOEM do before publishing a proposed Five Year program?
- § 556.204 How do governments and citizens comment on a proposed Five Year program?
- § 556.205 What does BOEM do before approving a proposed final Five Year program or a significant revision of a previously-approved Five Year program?
- Subpart C—Planning and Holding a Lease Sale
- § 556.300 What reports may BOEM and other Federal agencies prepare before a lease sale?
- § 556.301 What is a Call for Information and Nominations?
- § 556.302 What does BOEM do with the information from the Call?
- § 556.303 What does BOEM do if an area proposed for leasing is within three nautical miles of the seaward boundary of a coastal State?
- § 556.304 How is a proposed notice of sale prepared?
- § 556.305 How does BOEM coordinate and consult with States regarding a proposed notice of sale?
- § 556.306 What if a potentially oil- or gas-bearing area underlies both the OCS and lands subject to State jurisdiction?
- § 556.307 What does BOEM do with comments and recommendations received on the proposed notice of sale?
- § 556.308 How does BOEM conduct a lease sale?
- § 556.309 Does BOEM offer blocks in a sale that is not on the Five Year program schedule (called a Supplemental Sale)?
- Subpart D—Qualifications
- § 556.400 When must I demonstrate that I am qualified to hold a lease on the OCS?
- § 556.401 What do I need to show to become qualified to hold a lease on the OCS and obtain a qualification number?
- § 556.402 How do I make the necessary showing to qualify and obtain a qualification number?
- § 556.403 Under what circumstances may I be disqualified from acquiring a lease or an interest in a lease on the OCS?
- § 556.404 What do the non-procurement debarment rules require that I do?
- § 556.405 When must I notify BOEM of mergers, name changes, or changes of business form?
- Subpart E—Issuance of a Lease
- How To Bid
- § 556.500 Once qualified, how do I submit a bid?
- § 556.501 What information do I need to submit with my bid?
- Restrictions on Joint Bidding
- § 556.511 Are there restrictions on bidding with others and do those restrictions affect my ability to bid?
- § 556.512 What bids may be disqualified?
- § 556.513 When must I file a statement of production?
- § 556.514 How do I determine my production for purposes of the restricted joint bidders list?
- § 556.515 May a person be exempted from joint bidding restrictions?
- How Does BOEM Act on Bids?
- § 556.516 What does BOEM do with my bid?
- § 556.517 What may I do if my high bid is rejected?
- Awarding the Lease
- § 556.520 What happens if I am the successful high bidder and BOEM accepts my bid?
- § 556.521 When is my lease effective?
- § 556.522 What are the terms and conditions of the lease and when are they published?
- Subpart F—Lease Term and Obligations
- Length of Lease
- § 556.600 What is the primary term of my oil and gas lease?
- § 556.601 How may I maintain my oil and gas lease beyond the primary term?
- § 556.602 What is the primary term of my sulfur lease?
- § 556.603 How may I maintain my sulfur lease beyond the primary term?
- Lease Obligations
- § 556.604 What are my rights and obligations as a record title owner?
- § 556.605 What are my rights and obligations as an operating rights owner?
- Helium
- § 556.606 What must a lessee do if BOEM elects to extract helium from a lease?
- Subpart G—Transferring All or Part of the Record Title Interest in a Lease
- § 556.700 May I assign or sublease all or any part of the record title interest in my lease?
- § 556.701 How do I seek approval of an assignment of the record title interest in my lease, or a severance of operating rights from that record title interest?
- § 556.702 When will my assignment result in a segregated lease?
- § 556.703 What is the effect of the approval of the assignment of 100 percent of the record title in a particular aliquot(s) of my lease and of the resulting lease segregation?
- § 556.704 When may BOEM disapprove an assignment or sublease of an interest in my lease?
- § 556.705 How do I transfer the interest of a deceased natural person who was a lessee?
- § 556.706 What if I want to transfer record title interests in more than one lease at the same time, but to different parties?
- § 556.707 What if I want to transfer different types of lease interests (not only record title interests) in the same lease to different parties?
- § 556.708 What if I want to transfer my record title interests in more than one lease to the same party?
- § 556.709 What if I want to transfer my record title interest in one lease to multiple parties?
- § 556.710 What is the effect of an assignment of a lease on an assignor's liability under the lease?
- § 556.711 What is the effect of a record title holder's sublease of operating rights on the record title holder's liability?
- § 556.712 What is the effective date of a transfer?
- § 556.713 What is the effect of an assignment of a lease on an assignee's liability under the lease?
- § 556.714 As a restricted joint bidder, may I transfer an interest to another restricted joint bidder?
- § 556.715 Are there any interests I may transfer or record without BOEM approval?
- § 556.716 What must I do with respect to the designation of operator on a lease when a transfer of record title is submitted?
- Subpart H—Transferring All or Part of the Operating Rights in a Lease
- § 556.800 As an operating rights owner, may I assign all or part of my operating rights interest?
- § 556.801 How do I seek approval of an assignment of my operating rights?
- § 556.802 When may BOEM disapprove the transfer of all or part of my operating rights interest?
- § 556.803 What if I want to assign operating rights interests in more than one lease at the same time, but to different parties?
- § 556.804 What if I want to assign my operating rights interest in a lease to multiple parties?
- § 556.805 What is the effect of an operating rights owner's assignment of operating rights on the assignor's liability?
- § 556.806 What is the effective date of an assignment of operating rights?
- § 556.807 What is the effect of an assignment of operating rights on an assignee's liability?
- § 556.808 As an operating rights owner, are there any interests I may assign without BOEM approval?
- § 556.809 [Reserved]
- § 556.810 What must I do with respect to the designation of operator on a lease when a transfer of operating rights ownership is submitted?
- Subpart I—Financial Assurance
- § 556.900 Financial assurance requirements for an oil and gas or sulfur lease.
- § 556.901 Base and supplemental financial assurance.
- § 556.902 General requirements for bonds or other financial assurance.
- § 556.903 Lapse of financial assurance.
- § 556.904 Decommissioning accounts.
- § 556.905 Third-party guarantees.
- § 556.906 Termination of the period of liability and cancellation of financial assurance.
- § 556.907 Forfeiture of bonds or other financial assurance.
- Subpart J—Bonus or Royalty Credits for Exchange of Certain Leases
- § 556.1000 Leases formerly eligible for a bonus or royalty credit.
- Subpart K—Ending a Lease
- § 556.1100 How does a lease expire?
- § 556.1101 May I relinquish my lease or an aliquot part thereof?
- § 556.1102 Under what circumstances will BOEM cancel my lease?
- Subpart L—Leases Maintained Under Section 6 of OCSLA
- § 556.1200 Effect of regulations on lease.
- § 556.1201 Section 6(a) leases and leases other than those for oil, gas, or sulfur.
- Subpart M—Environmental Studies
- § 556.1300 Environmental studies.
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