Code of Federal Regulations (alpha)

CFR /  Title 30  /  Part 1202  /  Sec. 1202.553 How do I value my production if I take more than

If you take more than your entitled share of production from a lease in an AFA for any month, you must determine the weighted-average value of all of the production that you take using the procedures in 30 CFR part 1206, and use that value for your entitled share of production.