States' Decisions on Participating in Accounting and Auditing Relief for Federal Oil and Gas Marginal Properties, 76757-76758 [2011-31497]

Download as PDF 76757 Federal Register / Vol. 76, No. 236 / Thursday, December 8, 2011 / Notices RESPONDENTS’ ESTIMATED ANNUAL BURDEN HOURS—Continued 30 CFR Reporting and recordkeeping requirement Hour burden 1207.5 ......................................... Contract and sales agreement retention ................. Copies of all sales contracts, posted price bulletins, etc., and copies of all agreements, other contracts, or other documents which are relevant to the valuation of production are to be maintained by the lessee and made available upon request during normal working hours to authorized ONRR, State or Indian representatives, other ONRR or BLM officials, auditors of the General Accounting Office, or other persons authorized to receive such documents, or shall be submitted to ONRR within a reasonable period of time, as determined by ONRR. Any oral sales arrangement negotiated by the lessee must be placed in written form and retained by the lessee. Records shall be retained in accordance with 30 CFR part 1212. TOTAL BURDEN ................. .................................................................................. Average number of annual responses Annual burden hours AUDIT PROCESS. See note. .................................. 148 1,309 mstockstill on DSK4VPTVN1PROD with NOTICES Note: AUDIT PROCESS—The Office of Regulatory Affairs determined that the audit process is exempt from the Paperwork Reduction Act of 1995 because ONRR staff asks non-standard questions to resolve exceptions. Estimated Annual Reporting and Recordkeeping ‘‘Non-hour’’ Cost Burden: We have identified no ‘‘nonHour’’ cost burdens. Public Disclosure Statement: The PRA (44 U.S.C. 3501 et seq.) provides that an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. Comments: Before submitting an ICR to OMB, PRA section 3506(c)(2)(A) requires each agency to ‘‘* * * provide 60-day notice in the Federal Register * * * and otherwise consult with members of the public and affected agencies concerning each proposed collection of information * * *.’’ Agencies must specifically solicit comments to: (a) Evaluate whether the proposed collection of information is necessary for the agency to perform its duties, including whether the information is useful; (b) evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information; (c) enhance the quality, usefulness, and clarity of the information to be collected; and (d) minimize the burden on the respondents, including the use of automated collection techniques or other forms of information technology. The PRA also requires agencies to estimate the total annual reporting ‘‘non-hour cost’’ burden to respondents or recordkeepers resulting from the collection of information. If you have costs to generate, maintain, and disclose this information, you should comment VerDate Mar<15>2010 15:59 Dec 07, 2011 Jkt 226001 and provide your total capital and startup cost components or annual operation, maintenance, and purchase of service components. You should describe the methods you use to estimate major cost factors, including system and technology acquisition, expected useful life of capital equipment, discount rate(s), and the period over which you incur costs. Capital and startup costs include, among other items, computers and software you purchase to prepare for collecting information; monitoring, sampling, and testing equipment; and record storage facilities. Generally, your estimates should not include equipment or services purchased: (i) Before October 1, 1995; (ii) to comply with requirements not associated with the information collection; (iii) for reasons other than to provide information or keep records for the Government; or (iv) as part of customary and usual business or private practices. We will summarize written responses to this notice and address them in our ICR submission for OMB approval, including appropriate adjustments to the estimated burden. We will provide a copy of the ICR to you without charge upon request. We also will post the ICR at http://www.onrr.gov/Laws_R_D/ FRNotices/FRInfColl.htm. Public Comment Policy: We will post all comments, including names and addresses of respondents, at http:// regulations.gov. Before including your address, phone number, email address, or other personal identifying information in your comment, be PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 advised that your entire comment— including your personal identifying information—may be made publicly available at any time. While you can ask us in your comment to withhold from public view your personal identifying information, we cannot guarantee that we will be able to do so. Office of the Secretary, Information Collection Clearance Officer: Laura Dorey (202) 208–2654. Dated: November 29, 2011. Gregory J. Gould, Director, Office of Natural Resources Revenue. [FR Doc. 2011–31496 Filed 12–7–11; 8:45 am] BILLING CODE 4310–T2–P DEPARTMENT OF THE INTERIOR Office of Natural Resources Revenue [Docket No. ONRR–2011–0002] States’ Decisions on Participating in Accounting and Auditing Relief for Federal Oil and Gas Marginal Properties Office of Natural Resources Revenue, Interior. ACTION: Notice. AGENCY: Final regulations published September 13, 2004 (69 FR 55076), provide two types of accounting and auditing relief for Federal onshore or Outer Continental Shelf lease production from marginal properties. As required by the regulations, the Office of Natural Resources Revenue (ONRR) SUMMARY: E:\FR\FM\08DEN1.SGM 08DEN1 76758 Federal Register / Vol. 76, No. 236 / Thursday, December 8, 2011 / Notices provided a list of qualifying marginal Federal oil and gas properties to states that received a portion of Federal royalties. Each state then decided whether to participate in one or both relief options. For calendar year 2012, this notice provides the decisions by the affected states to allow one or both types of relief. DATES: Effective January 1, 2012. FOR FURTHER INFORMATION CONTACT: Richard Adamski, Program Manager, Asset Valuation, telephone (303) 231– 3410; email richard.adamski@onrr.gov; or mail to P.O. Box 25165, MS 63100B, Denver Federal Center, Denver, Colorado 80225–0165. The regulations, codified at 30 CFR part 1204, subpart C, implement certain provisions of section 7 of the Federal Oil and Gas Royalty Simplification and Fairness Act of 1996 (RSFA) (30 U.S.C. 1726) and provide two options for relief: (1) Notification-based relief for annual reporting; and (2) other requested relief, as proposed by industry and approved by ONRR and the affected state. The regulations require ONRR to publish a list of the states and their decisions regarding marginal property relief by December 1 of each year. To qualify for the first relief option (notification-based relief) for calendar year 2012, properties must have produced less than 1,000 barrels-of-oil- SUPPLEMENTARY INFORMATION: equivalent (BOE) per year for the base period (July 1, 2010, through June 30, 2011). Annual reporting relief will begin January 1, 2012, with the annual report and payment due February 28, 2013; or March 31, 2013, if you have an estimated payment on file. To qualify for the second relief option (other requested relief), the combined equivalent production of the marginal properties during the base period must equal an average daily well production of less than 15 BOE per well per day calculated under 30 CFR 1204.4(c). The following table shows the states that have qualifying marginal properties and the states’ decisions to allow one or both forms of relief. Notification-based relief (less than 1,000 BOE per year) Alabama .................................................................................................. California ................................................................................................. Colorado .................................................................................................. Kansas ..................................................................................................... Louisiana ................................................................................................. Michigan .................................................................................................. Mississippi ............................................................................................... Montana ................................................................................................... Nebraska ................................................................................................. Nevada .................................................................................................... New Mexico ............................................................................................. North Dakota ........................................................................................... Oklahoma ................................................................................................ South Dakota ........................................................................................... Utah ......................................................................................................... Wyoming .................................................................................................. mstockstill on DSK4VPTVN1PROD with NOTICES State No .................................................. No .................................................. No .................................................. Yes ................................................. Yes ................................................. Yes ................................................. No .................................................. No .................................................. No .................................................. Yes ................................................. No .................................................. Yes ................................................. No .................................................. No .................................................. No .................................................. Yes ................................................. Federal oil and gas properties located in all other states where ONRR does not share a portion of Federal royalties with the state are eligible for relief if they qualify as marginal under the regulations. See section 117(c) of RSFA (30 U.S.C. 1726(c)). For information on how to obtain relief, please refer to 30 CFR 1204.205 or to the published rule, which you may view on our Web site at http://www.onrr.gov/Laws_R_D/ FRNotices/AC30.htm. Unless the information received is proprietary data, all correspondence, records, or information that we receive in response to this notice may be subject to disclosure under the Freedom of Information Act (FOIA) (5 U.S.C. 552 et seq.). If applicable, please highlight the proprietary portions, including any supporting documentation, or mark the page(s) that contain proprietary data. Proprietary information is protected by the Trade Secrets Act (18 U.S.C. 1905); FOIA, Exemption 4; and Department regulations (43 CFR part 2). VerDate Mar<15>2010 15:59 Dec 07, 2011 Jkt 226001 Dated: November 29, 2011. Gregory J. Gould, Director, Office of Natural Resources Revenue. [FR Doc. 2011–31497 Filed 12–7–11; 8:45 am] BILLING CODE 4310–T2–P INTERNATIONAL TRADE COMMISSION [DN 2862] Certain Kinesiotherapy Devices and Components Thereof, Receipt of Complaint; Solicitation of Comments Relating to the Public Interest U.S. International Trade Commission. ACTION: Notice. AGENCY: Notice is hereby given that the U.S. International Trade Commission has received a complaint entitled In Re Certain Kinesiotherapy Devices and Components Thereof, DN 2862; the Commission is soliciting SUMMARY: PO 00000 Frm 00070 Fmt 4703 Sfmt 4703 Request-based relief (less than 15 BOE per well per day) No No No No Yes Yes No No No Yes Yes Yes No No No No comments on any public interest issues raised by the complaint. FOR FURTHER INFORMATION CONTACT: James R. Holbein, Secretary to the Commission, U.S. International Trade Commission, 500 E Street, SW., Washington, DC 20436, telephone (202) 205–2000. The public version of the complaint can be accessed on the Commission’s electronic docket (EDIS) at http://edis.usitc.gov, and will be available for inspection during official business hours (8:45 a.m. to 5:15 p.m.) in the Office of the Secretary, U.S. International Trade Commission, 500 E Street, SW., Washington, DC 20436, telephone (202) 205–2000. General information concerning the Commission may also be obtained by accessing its Internet server (http:// www.usitc.gov). The public record for this investigation may be viewed on the Commission’s electronic docket (EDIS) at http://edis.usitc.gov. Hearingimpaired persons are advised that information on this matter can be obtained by contacting the E:\FR\FM\08DEN1.SGM 08DEN1

Agencies

[Federal Register Volume 76, Number 236 (Thursday, December 8, 2011)]
[Notices]
[Pages 76757-76758]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-31497]


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DEPARTMENT OF THE INTERIOR

Office of Natural Resources Revenue

[Docket No. ONRR-2011-0002]


States' Decisions on Participating in Accounting and Auditing 
Relief for Federal Oil and Gas Marginal Properties

AGENCY: Office of Natural Resources Revenue, Interior.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: Final regulations published September 13, 2004 (69 FR 55076), 
provide two types of accounting and auditing relief for Federal onshore 
or Outer Continental Shelf lease production from marginal properties. 
As required by the regulations, the Office of Natural Resources Revenue 
(ONRR)

[[Page 76758]]

provided a list of qualifying marginal Federal oil and gas properties 
to states that received a portion of Federal royalties. Each state then 
decided whether to participate in one or both relief options. For 
calendar year 2012, this notice provides the decisions by the affected 
states to allow one or both types of relief.

DATES: Effective January 1, 2012.

FOR FURTHER INFORMATION CONTACT: Richard Adamski, Program Manager, 
Asset Valuation, telephone (303) 231-3410; email 
richard.adamski@onrr.gov; or mail to P.O. Box 25165, MS 63100B, Denver 
Federal Center, Denver, Colorado 80225-0165.

SUPPLEMENTARY INFORMATION: The regulations, codified at 30 CFR part 
1204, subpart C, implement certain provisions of section 7 of the 
Federal Oil and Gas Royalty Simplification and Fairness Act of 1996 
(RSFA) (30 U.S.C. 1726) and provide two options for relief: (1) 
Notification-based relief for annual reporting; and (2) other requested 
relief, as proposed by industry and approved by ONRR and the affected 
state. The regulations require ONRR to publish a list of the states and 
their decisions regarding marginal property relief by December 1 of 
each year.
    To qualify for the first relief option (notification-based relief) 
for calendar year 2012, properties must have produced less than 1,000 
barrels-of-oil-equivalent (BOE) per year for the base period (July 1, 
2010, through June 30, 2011). Annual reporting relief will begin 
January 1, 2012, with the annual report and payment due February 28, 
2013; or March 31, 2013, if you have an estimated payment on file. To 
qualify for the second relief option (other requested relief), the 
combined equivalent production of the marginal properties during the 
base period must equal an average daily well production of less than 15 
BOE per well per day calculated under 30 CFR 1204.4(c).
    The following table shows the states that have qualifying marginal 
properties and the states' decisions to allow one or both forms of 
relief.

------------------------------------------------------------------------
                                  Notification-based     Request-based
                                  relief  (less than   relief (less than
              State                  1,000 BOE per      15 BOE per well
                                         year)             per day)
------------------------------------------------------------------------
Alabama.........................  No................  No
California......................  No................  No
Colorado........................  No................  No
Kansas..........................  Yes...............  No
Louisiana.......................  Yes...............  Yes
Michigan........................  Yes...............  Yes
Mississippi.....................  No................  No
Montana.........................  No................  No
Nebraska........................  No................  No
Nevada..........................  Yes...............  Yes
New Mexico......................  No................  Yes
North Dakota....................  Yes...............  Yes
Oklahoma........................  No................  No
South Dakota....................  No................  No
Utah............................  No................  No
Wyoming.........................  Yes...............  No
------------------------------------------------------------------------

    Federal oil and gas properties located in all other states where 
ONRR does not share a portion of Federal royalties with the state are 
eligible for relief if they qualify as marginal under the regulations. 
See section 117(c) of RSFA (30 U.S.C. 1726(c)). For information on how 
to obtain relief, please refer to 30 CFR 1204.205 or to the published 
rule, which you may view on our Web site at http://www.onrr.gov/Laws_R_D/FRNotices/AC30.htm.
    Unless the information received is proprietary data, all 
correspondence, records, or information that we receive in response to 
this notice may be subject to disclosure under the Freedom of 
Information Act (FOIA) (5 U.S.C. 552 et seq.). If applicable, please 
highlight the proprietary portions, including any supporting 
documentation, or mark the page(s) that contain proprietary data. 
Proprietary information is protected by the Trade Secrets Act (18 
U.S.C. 1905); FOIA, Exemption 4; and Department regulations (43 CFR 
part 2).

    Dated: November 29, 2011.
Gregory J. Gould,
Director, Office of Natural Resources Revenue.
[FR Doc. 2011-31497 Filed 12-7-11; 8:45 am]
BILLING CODE 4310-T2-P