Code of Federal Regulations Title 30. Mineral Resources § 30.203.68 What pre-application costs will BSEE consider in determining economic viability?

(1) Include sunk costs,

Whether a field that includes a pre-Act lease which has not produced, other than test production, before the application or redetermination submission date needs relief to become economic.

(2) Not include sunk costs,

Whether an authorized field, a development project, or an expansion project can become economic with full relief (see § 203.67).

(3) Not include sunk costs,

How much suspension volume is necessary to make the field, a development project, or an expansion project economic (see § 203.69(c)).

(4) Include sunk costs for the project discovery well on each lease,

Whether a development project or an expansion project needs relief to become economic.