30 U.S.C. § 304 : US Code - Section 304: Provisions authorized in lease

Search 30 U.S.C. § 304 : US Code - Section 304: Provisions authorized in lease

Any lease granted by the Secretary of the Interior pursuant to
this chapter may, in the discretion of said Secretary, contain a
provision giving the lessee the right, with the approval of said
Secretary, to shut down the operation of any well or wells the
operation of which has become unprofitable, to resume operations
when such resumption may result in profit, and to abandon any well
or wells that cease to produce oil and/or gas in paying quantities.
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