There is a newer version
of
this Section
2018 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
Download PDF
| 30 U.S.C. § 304 (2018) |
| §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.) |
| United States Code, 2018 Edition, Title 30 - MINERAL LANDS AND MINING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| 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 |
| section 304 |
| 2018 |
| January 14, 2019 |
| No |
| standard |
| 46 Stat. 374 |
Disclaimer: These codes may not be the most recent version. United States may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
