U.S. Code of Federal Regulations
Regulations most recently checked for updates: Aug 27, 2025
In accordance with part 3480 of this title, each lease shall require:
(a) Diligent development; and
(b) Either (1) continued operation except when operations under the lease are interrupted by strikes, the elements or casualties not attributable to the lessee, or (2) in lieu thereof, when the Secretary determines that the public interest will be served, payment of an advanced royalty.