30 CFR 1202.550 - How do I determine the royalty due on gas production?
(b)Payment in value or in kind.You must pay royalty in value unless:
(1) The Tribal lessor requires payment in kind; or
(1) When paid in value, the royalty due is the unit value of production for royalty purposes, determined under 30 CFR part 1206, multiplied by the volume of production multiplied by the royalty rate in the lease.
(2) When paid in kind, the royalty due is the volume of production multiplied by the royalty rate.
Title 30 published on 2015-10-21
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 30 CFR Part 1202 after this date.
Title 30 published on 2015-10-21.
The following are only the Rules published in the Federal Register after the published date of Title 30.
For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.