§ 1210.50. What is the purpose of this subpart?
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/us/cfr/t30/s§ 1210.50·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The purpose of this subpart is to explain royalty reporting requirements when energy and mineral resources are removed from Federal and Indian oil and gas and geothermal leases and federally approved agreements. This includes leases and agreements located onshore and on the Outer Continental Shelf (OCS).