Title 30 — Mineral Lands and MiningRelease 119-73
§224 Payments for oil or gas taken prior to application for lease
Title 30 › Chapter CHAPTER 3A— - LEASES AND PROSPECTING PERMITS › Subchapter SUBCHAPTER IV— - OIL AND GAS › § 224
Summary
Until the permit holder applies to lease the quarter of the permit area set aside for him, he must pay the United States 20% of the gross value of any oil or gas taken from the permitted land. That payment covers oil or gas he sells, otherwise disposes of, or keeps for sale.
Full Legal Text
Title 30, §224
Mineral Lands and Mining — Source: USLM XML via OLRC
Until the permittee shall apply for lease to the one quarter of the permit area heretofore provided for he shall pay to the United States 20 per centum of the gross value of all oil or gas secured by him from the lands embraced within his permit and sold or otherwise disposed of or held by him for sale or other disposition.
Reference
Citations & Metadata
Citation
30 U.S.C. § 224
Title 30 — Mineral Lands and Mining
Last Updated
Apr 6, 2026
Release point: 119-73