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federal_register: 00-10150

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
00-10150 National Petroleum Reserve, Alaska-Unitization Proposed Rule This proposed rule would add a new subpart to the Bureau of Land Management's oil and gas regulations implementing new statutory authority allowing operators to form units in the National Petroleum Reserve, Alaska (NPRA). Units allow for the sharing of costs and spreading of revenues among several leases, and allow for production from unit leases to occur without regard to lease or property boundaries. The rule would also allow for waiver, suspension, or reduction of rental or royalty for NPRA leases; allow for suspension of operations and production for NPRA leases; amend existing regulatory language to set the primary lease term for an NPRA lease at 10 years. Current regulations allow 10 years, or a shorter term if it is in the notice of sale; and add a new subpart to the NPRA regulations on subsurface storage agreements. Subsurface storage agreements allow operators to store gas in existing geologic structures on Federal lands. This proposal would also make it clear that existing suspension regulations would not apply to the NPRA. 2000-04-26 2000 4 https://www.federalregister.gov/documents/2000/04/26/00-10150/national-petroleum-reserve-alaska-unitization https://www.govinfo.gov/content/pkg/FR-2000-04-26/pdf/00-10150.pdf Interior Department; Land Management Bureau 253,275 This proposed rule would add a new subpart to the Bureau of Land Management's oil and gas regulations implementing new statutory authority allowing operators to form units in the National Petroleum Reserve, Alaska (NPRA). Units allow for the sharing of...  

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