Home/CFR/Title 30/Part 556
FEDERAL · 30 CFR

Part 556 — Leasing of Sulfur or Oil and Gas and Financial Assurance Requirements in the Outer Continental Shelf

92 sections · Title 30: Mineral Resources

§ 556.100Statement of policy.
§ 556.101Purpose.
§ 556.102Authority.
§ 556.103§ 556.103 [Reserved]
§ 556.104Information collection and proprietary information.
§ 556.105Acronyms and definitions.
§ 556.106Service fees.
§ 556.107Corporate seal requirements.
§ 556.200What is the Five Year leasing program?
§ 556.201Does BOEM consider multiple uses of the OCS?
§ 556.202How does BOEM start the Five Year program preparation process?
§ 556.203What does BOEM do before publishing a proposed Five Year program?
§ 556.204How do governments and citizens comment on a proposed Five Year program?
§ 556.205What does BOEM do before approving a proposed final Five Year program or a significant revision of a previously-approved Five Year program?
§ 556.300What reports may BOEM and other Federal agencies prepare before a lease sale?
§ 556.301What is a Call for Information and Nominations?
§ 556.302What does BOEM do with the information from the Call?
§ 556.303What does BOEM do if an area proposed for leasing is within three nautical miles of the seaward boundary of a coastal State?
§ 556.304How is a proposed notice of sale prepared?
§ 556.305How does BOEM coordinate and consult with States regarding a proposed notice of sale?
§ 556.306What if a potentially oil- or gas-bearing area underlies both the OCS and lands subject to State jurisdiction?
§ 556.307What does BOEM do with comments and recommendations received on the proposed notice of sale?
§ 556.308How does BOEM conduct a lease sale?
§ 556.309Does BOEM offer blocks in a sale that is not on the Five Year program schedule (called a Supplemental Sale)?
§ 556.400When must I demonstrate that I am qualified to hold a lease on the OCS?
§ 556.401What do I need to show to become qualified to hold a lease on the OCS and obtain a qualification number?
§ 556.402How do I make the necessary showing to qualify and obtain a qualification number?
§ 556.403Under what circumstances may I be disqualified from acquiring a lease or an interest in a lease on the OCS?
§ 556.404What do the non-procurement debarment rules require that I do?
§ 556.405When must I notify BOEM of mergers, name changes, or changes of business form?
§ 556.500Once qualified, how do I submit a bid?
§ 556.501What information do I need to submit with my bid?
§ 556.511Are there restrictions on bidding with others and do those restrictions affect my ability to bid?
§ 556.512What bids may be disqualified?
§ 556.513When must I file a statement of production?
§ 556.514How do I determine my production for purposes of the restricted joint bidders list?
§ 556.515May a person be exempted from joint bidding restrictions?
§ 556.516What does BOEM do with my bid?
§ 556.517What may I do if my high bid is rejected?
§ 556.520What happens if I am the successful high bidder and BOEM accepts my bid?
§ 556.521When is my lease effective?
§ 556.522What are the terms and conditions of the lease and when are they published?
§ 556.600What is the primary term of my oil and gas lease?
§ 556.601How may I maintain my oil and gas lease beyond the primary term?
§ 556.602What is the primary term of my sulfur lease?
§ 556.603How may I maintain my sulfur lease beyond the primary term?
§ 556.604What are my rights and obligations as a record title owner?
§ 556.605What are my rights and obligations as an operating rights owner?
§ 556.606What must a lessee do if BOEM elects to extract helium from a lease?
§ 556.700May I assign or sublease all or any part of the record title interest in my lease?
§ 556.701How do I seek approval of an assignment of the record title interest in my lease, or a severance of operating rights from that record title interest?
§ 556.702When will my assignment result in a segregated lease?
§ 556.703What is the effect of the approval of the assignment of 100 percent of the record title in a particular aliquot(s) of my lease and of the resulting lease segregation?
§ 556.704When may BOEM disapprove an assignment or sublease of an interest in my lease?
§ 556.705How do I transfer the interest of a deceased natural person who was a lessee?
§ 556.706What if I want to transfer record title interests in more than one lease at the same time, but to different parties?
§ 556.707What if I want to transfer different types of lease interests (not only record title interests) in the same lease to different parties?
§ 556.708What if I want to transfer my record title interests in more than one lease to the same party?
§ 556.709What if I want to transfer my record title interest in one lease to multiple parties?
§ 556.710What is the effect of an assignment of a lease on an assignor's liability under the lease?
§ 556.711What is the effect of a record title holder's sublease of operating rights on the record title holder's liability?
§ 556.712What is the effective date of a transfer?
§ 556.713What is the effect of an assignment of a lease on an assignee's liability under the lease?
§ 556.714As a restricted joint bidder, may I transfer an interest to another restricted joint bidder?
§ 556.715Are there any interests I may transfer or record without BOEM approval?
§ 556.716What must I do with respect to the designation of operator on a lease when a transfer of record title is submitted?
§ 556.800As an operating rights owner, may I assign all or part of my operating rights interest?
§ 556.801How do I seek approval of an assignment of my operating rights?
§ 556.802When may BOEM disapprove the transfer of all or part of my operating rights interest?
§ 556.803What if I want to assign operating rights interests in more than one lease at the same time, but to different parties?
§ 556.804What if I want to assign my operating rights interest in a lease to multiple parties?
§ 556.805What is the effect of an operating rights owner's assignment of operating rights on the assignor's liability?
§ 556.806What is the effective date of an assignment of operating rights?
§ 556.807What is the effect of an assignment of operating rights on an assignee's liability?
§ 556.808As an operating rights owner, are there any interests I may assign without BOEM approval?
§ 556.809§ 556.809 [Reserved]
§ 556.810What must I do with respect to the designation of operator on a lease when a transfer of operating rights ownership is submitted?
§ 556.900Financial assurance requirements for an oil and gas or sulfur lease.
§ 556.901Base and supplemental financial assurance.
§ 556.902General requirements for bonds or other financial assurance.
§ 556.903Lapse of financial assurance.
§ 556.904Decommissioning accounts.
§ 556.905Third-party guarantees.
§ 556.906Termination of the period of liability and cancellation of financial assurance.
§ 556.907Forfeiture of bonds or other financial assurance.
§ 556.1000Leases formerly eligible for a bonus or royalty credit.
§ 556.1100How does a lease expire?
§ 556.1101May I relinquish my lease or an aliquot part thereof?
§ 556.1102Under what circumstances will BOEM cancel my lease?
§ 556.1200Effect of regulations on lease.
§ 556.1201Section 6(a) leases and leases other than those for oil, gas, or sulfur.
§ 556.1300Environmental studies.