[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR3162.2-13]

[Page 419]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 3160--ONSHORE OIL AND GAS OPERATIONS--Table of Contents
 
  Subpart 3162--Requirements for Operating Rights Owners and Operators
 
Sec. 3162.2-13  If I acquire an interest in a lease that is being drained, will the Department assess me for compensatory royalty?

    If you acquire an interest in a Federal or Indian lease through an 
assignment of record title or transfer of operating rights under this 
part, you are liable for all drainage obligations accruing on and after 
the date we approve the assignment or transfer.

[66 FR 1894, Jan. 10, 2001]