keep PART 227—LEASING OF CERTAIN LANDS IN WIND RIVER INDIAN RESERVATION, WYOMING, FOR OIL AND GAS MINING
Regulation governing oil and gas leasing on Shoshone and Wind River Reservation lands held in trust by the federal government for Native American tribes. Establishes a competitive bidding process, lessee qualifications (US citizens/corporations only, no government employees), lease terms (20-year primary with 10-year renewals), maximum acreage (10,240 acres), royalty rates (12.5%), operational standards, reporting requirements, and enforcement mechanisms. The Superintendent of the Bureau of Indian Affairs and a USGS supervisor administer the program, with payments made to the Shoshone Indian Tribe.
The federal government has a unique fiduciary duty to manage Indian trust assets for the benefit of the tribes, not merely a regulatory role over private property. This leasing framework ensures competitive bidding to maximize tribal revenues, prevents conflicts of interest (barring government employees), provides transparent accounting, and conserves resources. Deleting it would jeopardize the government's trust responsibility, risk mismanagement or undervaluation of tribal assets, and expose tribes to exploitation. The modest administrative costs are justified by the protection of Native American property rights and the government's constitutional and moral obligations.