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 D—Joint Bidding (§260.301 to §260.303) > 260.301—What is the purpose of this subpart?

260.301—What is the purpose of this subpart?

The purpose of this subpart is to encourage participation in OCS oil and gas lease sales by limiting the requirement for filing “Statements of Production” to certain joint bidders.