1996 US Code
Title 30 - MINERAL LANDS AND MINING
CHAPTER 5 - LEASE OF OIL AND GAS DEPOSITS IN OR UNDER RAILROADS AND OTHER RIGHTS-OF-WAY
Sec. 304 - Provisions authorized in lease
View MetadataPublication Title | United States Code, 1994 Edition, Supplement 2, Title 30 - MINERAL LANDS AND MINING |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 30 - MINERAL LANDS AND MINING CHAPTER 5 - LEASE OF OIL AND GAS DEPOSITS IN OR UNDER RAILROADS AND OTHER RIGHTS-OF-WAY Sec. 304 - Provisions authorized in lease |
Contains | section 304 |
Date | 1996 |
Laws in Effect as of Date | January 6, 1997 |
Positive Law | No |
Disposition | standard |
Source Credit | May 21, 1930, ch. 307, §4, 46 Stat. 374. |
Statutes at Large Reference | 46 Stat. 374 |
§304. Provisions authorized in lease
Any lease granted by the Secretary of the Interior pursuant to this chapter may, in the discretion of said Secretary, contain a provision giving the lessee the right, with the approval of said Secretary, to shut down the operation of any well or wells the operation of which has become unprofitable, to resume operations when such resumption may result in profit, and to abandon any well or wells that cease to produce oil and/or gas in paying quantities.
(May 21, 1930, ch. 307, §4, 46 Stat. 374.)
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