ease Stipulations
Lease stipulations are legally
binding requirements that are made a part of every oil and gas lease document as
and if appropriate. They are developed and implemented on a sale by sale basis
and are applied to individual leases based on specific instructions in the
applicable Final Notice of Sale Package. Stipulations place restrictions and
operating requirements on lessees. This may involve
protection of environmentally sensitive
organisms or communities that exist in the area covered by the
lease, conflicts with other uses such as military operations,
LNG or sand extraction.
Stipulations included in the most
recent several sales may be seen on the Lease Information page: scroll down to
and click on the button titled “Lease Information” on the left; then click on
the desired sale button on the left; then click on the Proposed or Final Sale
Notice Package link, and finally click on the Lease Stipulations
link.
Stipulations change from sale to
sale as new information about species and communities is obtained. The specific
language of a stipulation is developed in consultation with other interested
State and Federal agencies.