Code of Federal Regulations Title 30. Mineral Resources § 30.1204.201 Who may obtain accounting and auditing relief?

(1) If you are a lessee or a designee for a Federal lease with production from a property that qualifies as a marginal property under § 1204.4;

(2) If you meet any additional requirements for specific types of relief under this subpart;  and

(3) Only for the fractional interest in production from the marginal property for which you report and pay royalty. You may obtain relief even if the other lessees or designees for your lease or agreement do not request relief.

(1) The marginal property covers multiple States;  and

(2) One of the States determines under § 1204.208 that it will not allow the relief option you seek.