30 CFR § 1220.022 - Calculation of net profit share payment.

---
identifier: "/us/cfr/t30/s1220.022"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "30 CFR § 1220.022 - Calculation of net profit share payment."
title_number: 30
title_name: "Mineral Resources"
section_number: "1220.022"
section_name: "Calculation of net profit share payment."
chapter_name: "OFFICE OF NATURAL RESOURCES REVENUE, DEPARTMENT OF THE INTERIOR"
subchapter_number: "A"
subchapter_name: "NATURAL RESOURCES REVENUE"
part_number: "1220"
part_name: "ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 205, Pub. L. 95-372, 92 Stat. 643 (43 U.S.C. 1337)."
regulatory_source: "45 FR 36800, May 30, 1980, unless otherwise noted. Redesignated at 48 FR 1182, Jan. 11, 1983, and further redesignated at 48 FR 35642, Aug. 5, 1983, 75 FR 61087, Oct. 4, 2010."
cfr_part: "1220"
---


# 1220.022 Calculation of net profit share payment.

The net profit share payment shall be calculated by multiplying the net profit share base calculated in accordance with § 1220.021 by the net profit share rate. The net profit share payment shall be paid to the United States in accordance with § 1220.031.

[45 FR 36800, May 30, 1980, as amended at 75 FR 61087, Oct. 4, 2010]