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U.S. Code as of:
01/19/04
Section 396g. Subsurface storage of oil or gas
The Secretary of the Interior, to avoid waste or to promote the
conservation of natural resources or the welfare of the Indians, is
authorized in his discretion to approve leases of lands that are
subject to lease under section 396 or 396a of this title, for the
subsurface storage of oil and gas, irrespective of the lands from
which initially produced, and the Secretary is authorized, in order
to provide for the subsurface storage of oil or gas, to approve
modifications, amendments, or extensions of the oil and gas or
other mining lease(s), if any, in effect as to restricted Indian
lands, tribal or allotted, and may promulgate rules and regulations
consistent with such leases, modifications, amendments, and
extensions, relating to the storage of oil or gas thereunder. Any
such leases may provide for the payment of a storage fee or rental
on such stored oil or gas or, in lieu of such fee or rental, for a
royalty other than that prescribed in the lease when such stored
oil or gas is produced in conjunction with oil or gas not
previously produced. It may be provided that any oil and gas lease
under which storage of oil or gas is so authorized shall be
continued in effect at least for the period of such storage use and
so long thereafter as oil or gas not previously produced is
produced in paying quantities.
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