§ 256.72. Compensatory payments as production.
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/us/cfr/t30/s§ 256.72·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If an oil and gas lessee makes compensatory payments and if the lease is not being maintained in force by other production of oil or gas in paying quantities or by other approved drilling or reworking operations, such payments shall be considered as the equivalent of production in paying quantities for all purposes of the lease.
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§ 256.72
Compensatory payments as production.
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