Primary Lease Requirements, Lease Term Extensions, and Lease Cancellations

Sections

• 550.181
  § 550.181 When may the Secretary cancel my lease and when am I compensated for cancellation?
• 550.182
  § 550.182 When may the Secretary cancel a lease at the exploration stage?
• 550.183
  § 550.183 When may BOEM or the Secretary extend or cancel a lease at the development and production stage?
• 550.184
  § 550.184 What is the amount of compensation for lease cancellation?
• 550.185
  § 550.185 When is there no compensation for a lease cancellation?