30 CFR 250.1300 : Mineral Resources (§ 1.1 To Parts 1291-1299) — (Parts 200-202 To Parts 591-599) — Bureau Of Safety And Environmental Enforcement, Department Of The Interior (Parts 200-202 To Parts 292-299) — Offshore (§ 250.101 To Part 285) — Oil And Gas And Sulphur Operations In The Outer Continental Shelf (§ 250.101 To § 250.1933) — Unitization (§ 250.1300 To § 250.1304) — What is the purpose of this subpart?

4 Aug 2016

This subpart explains how Outer Continental Shelf (OCS) leases are unitized. If you are an OCS lessee, use the regulations in this subpart for both competitive reservoir and unitization situations. The purpose of joint development and unitization is to:

(a) Conserve natural resources;

(b) Prevent waste; and/or

(c) Protect correlative rights, including Federal royalty interests.

30 CFR 250.1300