30 CFR § 585.435 - How can I relinquish a lease or a grant or parts of a lease or grant?

---
identifier: "/us/cfr/t30/s585.435"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "30 CFR § 585.435 - How can I relinquish a lease or a grant or parts of a lease or grant?"
title_number: 30
title_name: "Mineral Resources"
section_number: "585.435"
section_name: "How can I relinquish a lease or a grant or parts of a lease or grant?"
chapter_name: "BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "B"
subchapter_name: "OFFSHORE"
part_number: "585"
part_name: "RENEWABLE ENERGY ON THE OUTER CONTINENTAL SHELF"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "43 U.S.C. 1337."
regulatory_source: "88 FR 6430, Jan. 31, 2023, unless otherwise noted."
cfr_part: "585"
---


# 585.435 How can I relinquish a lease or a grant or parts of a lease or grant?

(a) You may surrender a lease or grant, or a designated subdivision thereof, by filing with BOEM a properly completed official relinquishment form available on the BOEM website. A relinquishment takes effect on the date BOEM receives your completed form, subject to the continued obligation of the lessee or grant holder and the surety to:

(1) Make all payments due on the lease or grant, including any accrued rent and deferred bonuses;

(2) Decommission all facilities on the relinquished lease or grant (or portion thereof) to BSEE's satisfaction; and

(3) Perform any other outstanding obligations under the lease or grant.

(b) After you submit a completed relinquishment form for a lease or grant, ONRR will bill you for any outstanding payments that have accrued from obligations arising under the relinquished lease or grant.