Lease

Lease means an agreement that is issued under section 8 or maintained under section 6 of the Act and that authorizes exploration for, and development and production of, minerals on the OCS. The term also means the area covered by that agreement, whichever the context requires.

Source

30 CFR § 556.105

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Scoping language

Acronyms and terms used in this part have the following meanings:

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