CFR > Title 30 - Mineral Resources > CHAPTER II—MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR > SUBCHAPTER B—OFFSHORE (parts 250 to 285) > PART 260—OUTER CONTINENTAL SHELF OIL AND GAS LEASING > SUBPART B—Bidding Systems (§260.101 to §260.130) > 260.123—How do I measure natural gas production for a lease issued in a sale held after November 2000?

260.123—How do I measure natural gas production for a lease issued in a sale held after November 2000?

You must measure natural gas production subject to the royalty suspension volume for your lease as follows: 5.62 thousand cubic feet of natural gas, measured according to part 250, subpart L of this title, equals one barrel of oil equivalent.