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The Mineral Leasing Act of 1920 30 U.S.C. § 181 et seq. is a United States federal law that authorizes and governs leasing of public lands for developing deposits of coal, petroleum, natural gas and other hydrocarbons, in addition to phosphates, sodium, sulfur, and potassium in the United States.
Major points in a lease include the description of the property, the term (duration), and the payments to the lessor. [6] Lessees of mineral rights have a right of reasonable access to leased land to explore, develop, and transport minerals, [7] unless the lease specifies otherwise (a "no-surface access" lease).
Trans-Alaska Pipeline Authorization Act; Other short titles: Mineral Leasing Act of 1920 Amendments: Long title: An Act to amend section 28 of the Mineral Leasing Act of 1920, and to authorize a trans-Alaska oil pipeline, and for other purposes. Nicknames: Federal Lands Right-of-Way Act: Enacted by: the 93rd United States Congress: Effective ...
In terms of section 77(1), save where provision to the contrary is made in any law, any lease or sublease of land or of any rights to minerals in land, and any cession of such a lease or sublease intended or required to be registered in the Deeds Registry, shall be executed by the lessor and the lessee, or by the lessee and the sub-lessee, or ...
Lease terms typically include a price to be paid to the mineral rights owner for the minerals to be extracted, and a set of circumstances under which those minerals are to be extracted. For instance, a mineral rights owner might request that the company minimize any noise and light pollution when extracting the minerals.
The ban covering most of America's coastline comes two weeks before Donald Trump's inauguration ceremony.
the Mineral Leasing Act of 1920, 30 U.S.C. §§ 181 et. seq., [29] which made certain nonmetallic minerals, such as petroleum and oil shale, not open to claim staking; the Mineral Materials Act of 1947, 30 U.S.C. § 601, et. seq., [30] which provides for the sale or public giveaway of certain minerals, such as sand or gravel;
Mineral Leasing Act of 1920, Federal Oil and Gas Royalty Management Act, Federal Oil and Gas Royalty Simplification and Fairness Act of 1996 BP America Production Co. v. Burton , 549 U.S. 84 (2006), was a United States Supreme Court case about whether a statute of limitations on government actions for contract claims applies to actions by a ...