Title 30Mineral Lands and MiningRelease 119-73not60

§304 Provisions Authorized in Lease

Title 30 › Chapter 5— LEASE OF OIL AND GAS DEPOSITS IN OR UNDER RAILROADS AND OTHER RIGHTS-OF-WAY › § 304

Last updated Apr 5, 2026|Official source

Summary

The Interior Secretary can let a leaseholder, if approved, pause wells that are losing money and restart them when they become profitable. The leaseholder can also abandon wells that stop producing oil or gas.

Full Legal Text

Title 30, §304

Mineral Lands and Mining — Source: USLM XML via OLRC

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.

Reference

Citations & Metadata

Citation

30 U.S.C. § 304

Title 30Mineral Lands and Mining

Last Updated

Apr 5, 2026

Release point: 119-73not60