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139 STAT. 141 PUBLIC LAW 119–21—JULY 4, 2025 (C) shall set the royalty rate at not less than 121⁄2 percent but not greater than 162⁄3 percent; and (D) shall, for a lease in water depths of 800 meters or deeper issued as a result of a sale, set the primary term for 10 years. (2) TERMS AND STIPULATIONS FOR ALASKA REGION SALES.— (A) IN GENERAL.—In conducting lease sales under sub- section (a)(2), the Secretary of the Interior shall offer the same lease form, lease terms, economic conditions, and stipulations as contained in the final notice of sale of the Bureau of Ocean Energy Management entitled ‘‘Cook Inlet Planning Area Outer Continental Shelf Oil and Gas Lease Sale 244’’ (82 Fed. Reg. 23291 (May 22, 2017)). (B) REVENUE SHARING.—Notwithstanding section 8(g) and section 9 of the Outer Continental Shelf Lands Act (43 U.S.C. 1337(g), 1338), and beginning in fiscal year 2034, of the bonuses, rents, royalties, and other revenues derived from lease sales conducted under subsection (a)(2)— (i) 70 percent shall be paid to the State of Alaska; and (ii) 30 percent shall be deposited in the Treasury and credited to miscellaneous receipts. (3) AREA OFFERED FOR LEASE.— (A) GULF OF AMERICA REGION.—For each offshore lease sale conducted under subsection (a)(1), the Secretary of the Interior shall— (i) offer not fewer than 80,000,000 acres; or (ii) if there are fewer than 80,000,000 acres that are unleased and available, offer all unleased and available acres. (B) ALASKA REGION.—For each offshore lease sale con- ducted under subsection (a)(2), the Secretary of the Interior shall— (i) offer not fewer than 1,000,000 acres; or (ii) if there are fewer than 1,000,000 acres that are unleased and available, offer all unleased and available acres. (c) OFFSHORE COMMINGLING.—The Secretary of the Interior shall approve a request of an operator to commingle oil or gas production from multiple reservoirs within a single wellbore com- pleted on the outer Continental Shelf in the Gulf of America Region unless the Secretary of the Interior determines that conclusive evidence establishes that the commingling— (1) could not be conducted by the operator in a safe manner; or (2) would result in an ultimate recovery from the applicable reservoirs to be reduced in comparison to the expected recovery of those reservoirs if they had not been commingled. (d) OFFSHORE OIL AND GAS ROYALTY RATE.— (1) REPEAL.—Section 50261 of Public Law 117–169 (136 Stat. 2056) is repealed, and any provision of law amended or repealed by that section is restored or revived as if that section had not been enacted into law. (2) ROYALTY RATE.—Section 8(a)(1) of the Outer Continental Shelf Lands Act (43 U.S.C. 1337(a)(1)) (as amended by para- graph (1)) is amended— 43 USC 1337 and note. Approval. Determination. Effective date.