43 CFR 3108.1 : Public Lands: Interior (§ 1.1 To Parts 10011-10099) — (Parts 1000-1599 To Parts 10011-10099) — Regulations Relating To Public Lands (Continued) (Parts 1000-1599 To Parts 10011-10099) — Bureau Of Land Management, Department Of The Interior (Parts 1000-1599 To Parts 9261-9999) — Minerals Management (3000) (§ 3000.0-5 To § 3936.40) — Oil And Gas Leasing (§ 3100.0-3 To § 3109.3) — Relinquishment, Termination, Cancellation (§ 3108.1 To § 3108.5) — As a lessee, may I relinquish my lease?

You may relinquish your lease or any legal subdivision of your lease at any time. You must file a written relinquishment with the BLM State Office with jurisdiction over your lease. All lessees holding record title interests in the lease must sign the relinquishment. A relinquishment takes effect on the date you file it with BLM. However, you and the party that issued the bond will continue to be obligated to:

(a) Make payments of all accrued rentals and royalties, including payments of compensatory royalty due for all drainage that occurred before the relinquishments;

(b) Place all wells to be relinquished in condition for suspension or abandonment as BLM requires; and

(c) Complete reclamation of the leased sites after stopping or abandoning oil and gas operations on the lease, under a plan approved by the appropriate surface management agency.