30 CFR § 585.505 - What are the rent and operating fee requirements for a limited lease?

---
identifier: "/us/cfr/t30/s585.505"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "30 CFR § 585.505 - What are the rent and operating fee requirements for a limited lease?"
title_number: 30
title_name: "Mineral Resources"
section_number: "585.505"
section_name: "What are the rent and operating fee requirements for a limited lease?"
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"
---


# 585.505 What are the rent and operating fee requirements for a limited lease?

(a) The rent for a limited lease is $3 per acre per year, unless otherwise established in the Final Sale Notice and/or your lease instrument.

(b) You must pay ONRR the initial 12 months' rent 45 days after you receive the lease copies from BOEM in accordance with the requirements provided in § 585.500(c)(3).

(c) You must pay ONRR as provided in 30 CFR 1218.51 the rent due at the beginning of each subsequent 1-year period on the entire lease area for the duration of your operations period.

(d) BOEM will not charge an operating fee for the authorized sale of power from a limited lease.