30 USC 305 - Sec. 305. Royalties under lease

30 USC - US Code - Title 30: Mineral Lands and Mining (January 2003)


Permanent Link: http://vlex.com/vid/19218374

Id. vLex: VLEX-19218374

Click here to download this article in graphic format (Acrobat Reader)

Search in this document

Sponsored Ads:


Text:

The royalty to be paid to the United States under any lease to be issued, or agreement made pursuant to this chapter, shall be determined by the Secretary of the Interior, in no case to be less than 12 1/2 per centum in amount or value of the production, nor for more than twenty years: Provided, That when the oil or gas is produced from land adjacent to the right of way the amount or value of the royalty to be paid to the United States shall be within the discretion of the Secretary of the Interior: Provided further, That when the daily average production of any oil well does not exceed ten barrels per day said Secretary may, in his discretion, reduce the royalty on subsequent production.

Other documents:
28 USC 1920 Sec 1920 Taxation of costs | Colin Clark Petitioner-Appellant v Louisiana State Penitentiary and Attorney General State of Louisiana Respondents-Appellees. 694 F.2d 75 5th Cir 1982 | RESOLUCION de 19 de febrero de 2001, de la Universidad de Extremadura, por la que se nombra a D. Jose Luis Oncins Martinez, Profesor Titu... | case of tribunal superior de justicia madrid sala de lo contencioso-administrativo of december 15 1999 | solicitud de instrucción de expediente para autorización de vuelos de propaganda aérea. | Logan v Gregow Ohio 2007 | resolucion de 23 de enero de 1997 de la direccion general de formacion y empleo de la conselleria de familia mujer y juventud por la que se anuncia licitacio... | george elbert, plaintiff-appellant, v. howmedica, inc., a division of pfizer hospital products group, inc., defendant-app... | RESOLUCION de 12 de junio de 2002, de la Direccion General de Administracion Local, por la que se acuerda la publicacion de los Estatutos del Consorcio para la Uni... | Case of Tribunal Superior de Justicia Palmas de Gran Canaria Las Canarias Sala de lo Social of March 09 2005 | amos et al. v. city of butler., 242 ga. app. 505, 529 s.e.2d 420 (2000)