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§ 3141.52 Term of lease.

43 CFR 3141.52

Citation43 CFR 3141.52
CorpusDaily eCFR
Displayed edition2026-04-24
Last updated2026-04-24

§ 3141.52 Term of lease.

(a) Oil and gas leases in special tar sand areas will have a primary term of 10 years and will remain in effect so long thereafter as oil or gas is produced in paying quantities.

(b) Tar Sand leases will have a primary term of 10 years and will remain in effect so long thereafter as tar sand is produced in paying quantities.