Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform, 7994 [2015-02997]

Download as PDF 7994 Federal Register / Vol. 80, No. 30 / Friday, February 13, 2015 / Proposed Rules Flight Standards District Office, as appropriate. If sending information directly to the International Branch, send it to ATTN: Dan Rodina, Aerospace Engineer, International Branch, ANM–116, Transport Airplane Directorate, FAA, 1601 Lind Avenue SW., Renton, WA 98057–3356; telephone 425–227–2125; fax 425–227–1149. Information may be emailed to: 9-ANM-116AMOC-REQUESTS@faa.gov. Before using any approved AMOC, notify your appropriate principal inspector, or lacking a principal inspector, the manager of the local flight standards district office/certificate holding district office. The AMOC approval letter must specifically reference this AD. (2) Contacting the Manufacturer: For any requirement in this AD to obtain corrective actions from a manufacturer, the action must be accomplished using a method approved by the Manager, International Branch, ANM– 116, Transport Airplane Directorate, FAA; or EASA; or Airbus’s EASA DOA. If approved by the DOA, the approval must include the DOA-authorized signature. (i) Related Information (1) Refer to Mandatory Continuing Airworthiness Information (MCAI) EASA Airworthiness Directive 2014–0199, dated September 5, 2014, for related information. This MCAI may be found in the AD docket on the Internet at https://www.regulations.gov by searching for and locating Docket No. FAA–2015–0084. (2) For service information identified in this AD, contact Airbus SAS, Airworthiness Office—EAW, 1 Rond Point Maurice Bellonte, 31707 Blagnac Cedex, France; telephone +33 5 61 93 36 96; fax +33 5 61 93 44 51; email account.airworth-eas@ airbus.com; Internet https://www.airbus.com. You may view this service information at the FAA, Transport Airplane Directorate, 1601 Lind Avenue SW., Renton, WA. For information on the availability of this material at the FAA, call 425–227–1221. Issued in Renton, Washington, on January 30, 2015. Jeffrey E. Duven, Manager, Transport Airplane Directorate, Aircraft Certification Service. [FR Doc. 2015–02535 Filed 2–12–15; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF THE INTERIOR Office of Natural Resources Revenue 30 CFR Parts 1202 and 1206 wreier-aviles on DSK5TPTVN1PROD with PROPOSALS [Docket No. ONRR–2012–0004; DS63610000 DR2PS0000.CH7000 156D0102R2] RIN 1012–AA13 Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform Office of Natural Resources Revenue, Interior. ACTION: Proposed rule; notice of extension of comment period. AGENCY: VerDate Sep<11>2014 13:53 Feb 12, 2015 Jkt 235001 The Office of Natural Resources Revenue (ONRR) published a notice of proposed rulemaking in the Federal Register on January 6, 2015, (80 FR 608). ONRR invited the public to submit written comments by March 9, 2015. ONRR is granting a 60-day extension to the comment period in response to stakeholder requests. DATES: You must submit comments on or before May 8, 2015. ADDRESSES: You may submit comments to ONRR on the proposed rulemaking, as follows: (1) Electronically go to www.regulations.gov and enter ‘‘ONRR– 2012–0004’’ in ‘‘Enter Keyword or ID,’’ then click ‘‘Search;’’ (2) mail comments to Armand Southall, Regulatory Specialist, P.O. Box 25165, MS 61030A, Denver, Colorado 80225; or (3) handcarry comments, or use an overnight courier service, to ONRR, Building 85, Room A–614, Denver Federal Center, West 6th Ave. and Kipling St., Denver, Colorado 80225. Please refer to the Regulation Identifier Number (RIN) 1012–AA13 in your comments. ONRR will post all comments. FOR FURTHER INFORMATION CONTACT: Armand Southall, ONRR, telephone (303) 231–3221 or email armand.southall@onrr.gov. SUPPLEMENTARY INFORMATION: The current Federal oil valuation regulations have been in effect since 2000, with a subsequent amendment relating, primarily, to the use of index pricing in some circumstances. The current Federal gas valuation regulations have been in effect since March 1, 1988, with various subsequent amendments relating, primarily, to the transportation allowance provisions. The current Federal and Indian coal valuation regulations have been in effect since March 1, 1989, with minor subsequent amendments relating, primarily, to the Federal black lung excise taxes, abandoned mine lands fees, State and local severance taxes, and washing and transportation allowance provisions. In the years since we wrote these regulations, the Secretary of the Interior’s (Secretary) responsibility to determine the royalty value of minerals produced has not changed, but the industry and marketplace have changed dramatically. ONRR proposes these amendments to our valuation regulations to permit the Secretary to discharge the Department of the Interior’s (Department) royalty valuation responsibility in an environment of continuing and accelerating change in the industry and in the marketplace. The Secretary’s responsibilities regarding oil and gas production from Federal leases and coal production from SUMMARY: PO 00000 Frm 00015 Fmt 4702 Sfmt 4702 Federal and Indian leases require the development of flexible valuation methodologies that lessees can accurately comply with in a timely manner. To increase the effectiveness and efficiency of our rules, ONRR is proposing proactive and innovative changes. We intend for this proposed rulemaking to provide regulations that (1) offer greater simplicity, certainty, clarity, and consistency in product valuation for mineral lessees and mineral revenue recipients; (2) are more understandable; (3) decrease industry’s cost of compliance and ONRR’s cost to ensure industry compliance; and (4) provide early certainty to industry and to ONRR that companies have paid every dollar due. Therefore, ONRR proposes to amend the current regulations at 30 CFR part 1202, subpart F, and part 1206, subparts C, D, F, and J, governing the valuation, for royalty purposes, of oil, gas, and coal produced from Federal leases and coal produced from Indian leases. ONRR received requests for an extension to the comment deadline for this proposed rule. This action extends the comment period until May 8, 2015. ONRR believes that this extension allows adequate time for interested parties to submit comments. ONRR will review and carefully consider all comments that we receive on the proposed rule. Dated: February 6, 2015. Gregory J. Gould, Director, Office of Natural Resources Revenue. [FR Doc. 2015–02997 Filed 2–12–15; 8:45 am] BILLING CODE 4335–30–P DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Parts 100 and 165 [Docket Number USCG–2014–1011] RIN 1625–AA00, AA08 Special Local Regulations and Safety Zones; Recurring Marine Events and Fireworks Displays Within the Fifth Coast Guard District Coast Guard, DHS. Notice of proposed rulemaking. AGENCY: ACTION: The Coast Guard proposes to amend the regulations established for recurring marine events and fireworks displays that take place within the Fifth Coast Guard District area of responsibility. Under that rule, the list SUMMARY: E:\FR\FM\13FEP1.SGM 13FEP1

Agencies

[Federal Register Volume 80, Number 30 (Friday, February 13, 2015)]
[Proposed Rules]
[Page 7994]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-02997]


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DEPARTMENT OF THE INTERIOR

Office of Natural Resources Revenue

30 CFR Parts 1202 and 1206

[Docket No. ONRR-2012-0004; DS63610000 DR2PS0000.CH7000 156D0102R2]
RIN 1012-AA13


Consolidated Federal Oil & Gas and Federal & Indian Coal 
Valuation Reform

AGENCY: Office of Natural Resources Revenue, Interior.

ACTION: Proposed rule; notice of extension of comment period.

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

SUMMARY: The Office of Natural Resources Revenue (ONRR) published a 
notice of proposed rulemaking in the Federal Register on January 6, 
2015, (80 FR 608). ONRR invited the public to submit written comments 
by March 9, 2015. ONRR is granting a 60-day extension to the comment 
period in response to stakeholder requests.

DATES: You must submit comments on or before May 8, 2015.

ADDRESSES: You may submit comments to ONRR on the proposed rulemaking, 
as follows: (1) Electronically go to www.regulations.gov and enter 
``ONRR-2012-0004'' in ``Enter Keyword or ID,'' then click ``Search;'' 
(2) mail comments to Armand Southall, Regulatory Specialist, P.O. Box 
25165, MS 61030A, Denver, Colorado 80225; or (3) hand-carry comments, 
or use an overnight courier service, to ONRR, Building 85, Room A-614, 
Denver Federal Center, West 6th Ave. and Kipling St., Denver, Colorado 
80225. Please refer to the Regulation Identifier Number (RIN) 1012-AA13 
in your comments. ONRR will post all comments.

FOR FURTHER INFORMATION CONTACT: Armand Southall, ONRR, telephone (303) 
231-3221 or email armand.southall@onrr.gov.

SUPPLEMENTARY INFORMATION: The current Federal oil valuation 
regulations have been in effect since 2000, with a subsequent amendment 
relating, primarily, to the use of index pricing in some circumstances. 
The current Federal gas valuation regulations have been in effect since 
March 1, 1988, with various subsequent amendments relating, primarily, 
to the transportation allowance provisions. The current Federal and 
Indian coal valuation regulations have been in effect since March 1, 
1989, with minor subsequent amendments relating, primarily, to the 
Federal black lung excise taxes, abandoned mine lands fees, State and 
local severance taxes, and washing and transportation allowance 
provisions. In the years since we wrote these regulations, the 
Secretary of the Interior's (Secretary) responsibility to determine the 
royalty value of minerals produced has not changed, but the industry 
and marketplace have changed dramatically. ONRR proposes these 
amendments to our valuation regulations to permit the Secretary to 
discharge the Department of the Interior's (Department) royalty 
valuation responsibility in an environment of continuing and 
accelerating change in the industry and in the marketplace. The 
Secretary's responsibilities regarding oil and gas production from 
Federal leases and coal production from Federal and Indian leases 
require the development of flexible valuation methodologies that 
lessees can accurately comply with in a timely manner.
    To increase the effectiveness and efficiency of our rules, ONRR is 
proposing proactive and innovative changes. We intend for this proposed 
rulemaking to provide regulations that (1) offer greater simplicity, 
certainty, clarity, and consistency in product valuation for mineral 
lessees and mineral revenue recipients; (2) are more understandable; 
(3) decrease industry's cost of compliance and ONRR's cost to ensure 
industry compliance; and (4) provide early certainty to industry and to 
ONRR that companies have paid every dollar due. Therefore, ONRR 
proposes to amend the current regulations at 30 CFR part 1202, subpart 
F, and part 1206, subparts C, D, F, and J, governing the valuation, for 
royalty purposes, of oil, gas, and coal produced from Federal leases 
and coal produced from Indian leases.
    ONRR received requests for an extension to the comment deadline for 
this proposed rule. This action extends the comment period until May 8, 
2015. ONRR believes that this extension allows adequate time for 
interested parties to submit comments. ONRR will review and carefully 
consider all comments that we receive on the proposed rule.

     Dated: February 6, 2015.
Gregory J. Gould,
Director, Office of Natural Resources Revenue.
[FR Doc. 2015-02997 Filed 2-12-15; 8:45 am]
BILLING CODE 4335-30-P
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