Title 30 › CHAPTER 3A — LEASES AND PROSPECTING PERMITS › SUBCHAPTER I — GENERAL PROVISIONS › § 187b
A leaseholder of federal oil or gas land can give up all or part of their lease any time by filing a written relinquishment at the proper land office. The relinquishment takes effect when it is filed, but the leaseholder and their bond or guarantor must still pay any rent and royalties already owed and make the wells ready for suspension or abandonment under the lease and rules. After filing, the leaseholder is freed from future duties for the lands given up, but they and their bond remain responsible for any lease breaches that happened before the filing, except for a failure to drill.
Full Legal Text
Mineral Lands and Mining, Source: USLM XML via OLRC
Legislative History
Reference
Citation
30 U.S.C. § 187b
Title 30, Mineral Lands and Mining
Last Updated
Aug 21, 2026
Release point: 119-102