§ 187a. Oil or gas leases; partial assignments

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1920

   Feb. 25, 1920, ch. 85, § 30A, formerly § 30a, as added Aug. 8, 1946, ch. 916, § 7, 60 Stat. 955 · 60 Stat. 955

   Enacted · 30 U.S.C. § 187a

   Feb. 25, 1920, ch. 85, § 30A, formerly § 30a, as added Aug. 8, 1946, ch. 916, § 7, 60 Stat. 955

   Source evidence

   Code source credit
   Feb. 25, 1920, ch. 85, § 30A, formerly § 30a, as added Aug. 8, 1946, ch. 916, § 7, 60 Stat. 955

2. 1960

   Mineral Leasing Act Revision of 1960

   Pub. L. 86–705 § 6 · 74 Stat. 781

   Amended · 30 U.S.C. § 187a

   Pub. L. 86–705 amended last sentence to restrict automatic extensions after Sept. 2, 1960

   Source evidence

   Code amendment note
   Pub. L. 86–705 amended last sentence to restrict automatic extensions after Sept. 2, 1960.

   Enacted provision · exact public law section
   Sec. 6. The last sentence of section 30(a) of the Act of February 25, 1920, as amended (30 U.S.C. 187a), is amended to read as follows: “Upon the segregation by an assignment of a lease issued after the effective date of the Mineral Leasing Act Revision of 1960 and held beyond its primary term by production, actual or suspended, or the payment of compensatory royalty, the segregated lease of an undeveloped. assigned, or retained part shall continue for two years, and so loner thereafter as oil or gas is produced in paying quantities.” The provisions of this section 6 shall not be applicable to any lease issued prior to the effective date of this Act.

3. 1987

   Pub. L. 100–203 title V § 5103 · 101 Stat. 1330

   Substituted · 30 U.S.C. § 187a

   Pub. L. 100–203 substituted third to fifth sentences for former third sentence which read as follows: “The Secretary shall disapprove the assignment or sublease only for lack of qualification of the assignee or sublessee or for lack of sufficient bond: Provided, however, That the Secretary may, in his discretion, disapprove an assignment of a separate zone or deposit under any lease, or of a part of a legal subdivision.”

   Source evidence

   Code amendment note
   Pub. L. 100–203 substituted third to fifth sentences for former third sentence which read as follows: “The Secretary shall disapprove the assignment or sublease only for lack of qualification of the assignee or sublessee or for lack of sufficient bond: Provided, however, That the Secretary may, in his discretion, disapprove an assignment of a separate zone or deposit under any lease, or of a part of a legal subdivision.”

   Enacted provision · exact public law section
   SEC. 5103. ASSIGNMENTS. Sections 30(a) and 30(b) of the Act of February 25, 1920 (30 U.S.C. 187a, 187b), are redesignated as sections 30A and 30B, respectively, and the third sentence of section 30A, as so redesignated, is amended to read as follows: "The Secretary shall disapprove the assignment or sublease only for lack of qualification of the assignee or sublease or for lack of sufficient bond: Provided, however, That the Secretary may, in his discretion, disapprove an assignment of any of the following, unless the assignment constitutes the entire lease or is demonstrated to further the development of oil and gas: “(1) A separate zone or deposit under any lease. “(2) A part of a legal subdivision. “(3) Less than 640 acres outside Alaska or of less than 2,560 acres within Alaska. Requests for approval of assignment or sublease shall be processed promptly by the Secretary. Except where the assignment or sublease is not in accordance with applicable law, the approval shall be given 7 within 60 days of the date of receipt by the Secretary of a request for such approval.”.

2 of 3 references resolved to an enrolled provision · 1 partial