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Code of Federal Regulations Title 30. Mineral Resources § 30.550.119 Will BOEM approve subsurface gas storage?

Current as of October 02, 2022 | Updated by FindLaw Staff

The Regional Supervisor may authorize subsurface storage of gas on the OCS, on and off-lease, for later commercial benefit. The Regional Supervisor may authorize subsurface storage of gas on the OCS, off-lease, for later commercial benefit. To receive approval you must:

(a) Show that the subsurface storage of gas will not result in undue interference with operations under existing leases;  and

(b) Sign a storage agreement that includes the required payment of a storage fee or rental.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 30. Mineral Resources § 30.550.119 Will BOEM approve subsurface gas storage? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-30-mineral-resources/cfr-sect-30-550-119/

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