|

Alaska Region royalty relief can be provided
through individual lease terms and applications for case-by-case relief.
Leases issued in Alaska Region sales held since 2003 may be issued with
a designated royalty suspension volume (RSV). Both the Lease Instrument
and Final Notice of Sale specify applicable categories and associated
RSV. All active leases are also eligible to apply for case-by-case
relief. Following are the guidelines and regulations that apply to
Alaska Region royalty relief.

The
Deep Water Royalty Relief Act (DWRRA)
(Public Law 104-58, Section 303)
(35.36 KB PDF; 11/28/95)
30CFR260.110
Oil and Gas Leasing, What bidding systems may MMS use
(58.51 KB PDF)

The
Energy Policy Act of 2005 (Public Law 109-58) Section 346
(2.47 MB PDF)
Extension of Royalty Relief Provisions to Leases Offshore of Alaska
(AD33 Final Rule, 11/18/08)
Sections 203.60-203.91
and 260.121-260.122
(224.67 KB PDF)
|