43 CFR § 3120.73 - Compensatory royalty agreements.

---
identifier: "/us/cfr/t43/s3120.73"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "43 CFR § 3120.73 - Compensatory royalty agreements."
title_number: 43
title_name: "Public Lands: Interior"
section_number: "3120.73"
section_name: "Compensatory royalty agreements."
chapter_name: "BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "C"
subchapter_name: "MINERALS MANAGEMENT (3000)"
part_number: "3120"
part_name: "COMPETITIVE LEASES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "16 U.S.C. 3101  30 U.S.C. 181  and 351-359; 40 U.S.C. 471  43 U.S.C. 1701  Pub. L. 113-291, 128 Stat. 3762; and the Attorney General's Opinion of April 2, 1941 (40 Op. Atty. Gen. 41)."
regulatory_source: "89 FR 30985, Apr. 23, 2024, unless otherwise noted."
cfr_part: "3120"
---


# 3120.73 Compensatory royalty agreements.

The terms and conditions of compensatory royalty agreements involving acquired lands in which the United States owns a future or fractional interest will be established on an individual case basis. Such agreements may be required when leasing is not possible in situations where the interest of the United States in the oil and gas deposit includes both a present and a future fractional interest in the same tract containing a producing well.