Agency Information Collection Activities: Submission to the Office of Management and Budget for Review and Approval; OCS Net Profit Share Payment, 17362-17363 [2020-06170]

Download as PDF 17362 Federal Register / Vol. 85, No. 60 / Friday, March 27, 2020 / Notices placed with or near individual human remains at the time of death or later as part of the death rite or ceremony. • Pursuant to 25 U.S.C. 3001(2), a relationship of shared group identity cannot be reasonably traced between the Native American human remains and associated funerary objects and any present-day Indian Tribe. • The Treaty of October 19, 1818, indicates that the land from which the cultural items were removed is the aboriginal land of The Chickasaw Nation. • Pursuant to 43 CFR 10.11(c)(1)(ii), the disposition of the cultural items may be to The Chickasaw Nation. The Tennessee Valley Authority has agreed to transfer control of the human remains to The Chickasaw Nation. • Pursuant to 43 CFR 10.11(c)(4), the Tennessee Valley Authority has agreed to transfer control of the associated funerary objects to The Chickasaw Nation. Additional Requestors and Disposition Representatives of any Federallyrecognized Indian Tribe not identified in this notice that wish to request transfer of control of these human remains and associated funerary objects should submit a written request with information in support of the request to Dr. Thomas O. Maher, Tennessee Valley Authority, 400 West Summit Hill Drive, WT11C, Knoxville, TN 37902–1401, telephone (865) 632–7458, email tomaher@tva.gov, by April 27, 2020. After that date, if no additional requestors have come forward, transfer of control of the human remains and associated funerary objects to The Chickasaw Nation may proceed. The Tennessee Valley Authority is responsible for notifying The Consulted Tribes that this notice has been published. Dated: February 19, 2020. Melanie O’Brien, Manager, National NAGPRA Program. [FR Doc. 2020–06432 Filed 3–26–20; 8:45 am] khammond on DSKJM1Z7X2PROD with NOTICES BILLING CODE 4312–52–P VerDate Sep<11>2014 16:28 Mar 26, 2020 Jkt 250001 DEPARTMENT OF THE INTERIOR Office of Natural Resources Revenue [Docket No. ONRR–2011–0006; DS63644000 DRT000000.CH7000201D1113RT; OMB Control Number 1012–0009] Agency Information Collection Activities: Submission to the Office of Management and Budget for Review and Approval; OCS Net Profit Share Payment Office of Natural Resources Revenue, Interior. ACTION: Notice of information collection; request for comment. AGENCY: In accordance with the Paperwork Reduction Act of 1995, the Office of Natural Resources Revenue (ONRR) is proposing to renew an information collection. Through this Information Collection Request (ICR), ONRR seeks renewed authority to collect information related to the paperwork requirements covering the net profit share lease (NPSL) program, which establishes the reporting requirements to determine the net profit share base and calculate the net profit share payments due to the Federal government. SUMMARY: You must submit your written comments on or before May 26, 2020. ADDRESSES: Send your comments on this information collection request (ICR) by mail to Mr. Luis Aguilar, Regulatory Specialist, ONRR, Building 85, MS 64400B, Denver Federal Center, West 6th Ave. and Kipling St., Denver, Colorado 80225, or by email to Luis.Aguilar@onrr.gov. Please reference Office of Management and Budget (OMB) Control Number 1012–0009 in the subject line of your comments. FOR FURTHER INFORMATION CONTACT: To request additional information about this ICR, contact Jonathan Swedin, Reference and Reporting Management, ONRR, at (303) 231–3028, or email to Jonathan.Swedin@onrr.gov. You may also view the ICR at http:// www.reginfo.gov/public/do/PRAMain. SUPPLEMENTARY INFORMATION: In accordance with the PRA and 5 CFR 1320.8(d)(1), all information collections require approval under the PRA. ONRR may not conduct or sponsor and you are not required to respond to a collection of information unless it displays a currently valid OMB control number. As part of the continuing effort to reduce paperwork and respondent burdens, ONRR is inviting the public and other Federal agencies to comment on new, proposed, revised, and continuing collections of information. DATES: PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 This helps ONRR assess the impact of the information collection requirements and minimize the public’s reporting burden. It also helps the public understand the information collection requirements and provide the requested data in the desired format. ONRR is especially interested in public comments addressing the following: (1) Whether or not the collection of information is necessary for the proper performance of the functions of the agency, including whether or not the information will have practical utility; (2) The accuracy of our estimate of the burden for this collection of information, including the validity of the methodology and assumptions used; (3) Ways to enhance the quality, utility, and clarity of the information to be collected; and (4) How might the agency minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of response. Comments that you submit in response to this notice are a matter of public record. ONRR will include or summarize each comment when requesting OMB approval for the renewal of this ICR. Before including your address, phone number, email address, or other personal identifying information in your comment, you should be aware that your entire comment—including your personal identifying information—may be made publicly available at any time. While you can ask ONRR to withhold your personal identifying information from public review, ONRR cannot guarantee that it will be able to do so. Abstract: The Secretary of the United States Department of the Interior is responsible for mineral resource development on Federal and Indian lands and the Outer Continental Shelf (OCS). Under various laws, the Secretary’s responsibility is to (1) manage mineral resource production, (2) collect royalties and other mineral revenues due, and (3) disburse the funds collected. The laws pertaining to mineral leases on Federal and Indian lands and the OSC are posted at http:// www.onrr.gov/Laws_R_D/PubLaws/ default.htm. The Secretary also has a trust responsibility to manage Indian lands and seek advice and information from Indian beneficiaries. ONRR performs the minerals revenue management functions for the Secretary and assists the E:\FR\FM\27MRN1.SGM 27MRN1 khammond on DSKJM1Z7X2PROD with NOTICES Federal Register / Vol. 85, No. 60 / Friday, March 27, 2020 / Notices Secretary in carrying out the Department’s trust responsibility for Indian lands. (a) General Information: ONRR collects and uses this information to determine (i) the allowable direct, and allocable joint, costs and credits under § 1220.011 that are incurred during the lease term, (ii) the appropriate overhead allowance related to these costs permitted under § 1220.012, and (iii) the allowances for capital recovery calculated under § 1220.020. ONRR also collects this information to ensure that royalties or net profit share payments are accurately valued and appropriately paid. This ICR only effects oil and gas leases located on submerged Federal lands on the Outer Continental Shelf (OCS). (b) Information Collections: Title 30 CFR part 1220 covers the NPSL program and establishes reporting requirements to determine the net profit share base under § 1220.021 and calculate the net profit share payments due to the Federal government under § 1220.022. (1) NPSL Bidding System: To encourage exploration and development of oil and gas leases on submerged Federal lands on the OCS, the Bureau of Ocean Energy Management (BOEM) promulgated regulations under 30 CFR part 260—Outer Continental Shelf Oil and Gas Leasing. BOEM also promulgated specific implementing regulations for the NPSL bidding system under § 260.110(d). BOEM established the NPSL bidding system to balance a fair market return to the Federal government for the lease of its public lands with a fair profit to companies risking their investment capital. The system provides an incentive for early, expeditious exploration and development, and provides for risk sharing between the lessee and Federal government. The NPSL bidding system incorporates a fixed capital recovery system that allows a lessee to recover exploration and development costs from production revenues, including a reasonable return on investment. (2) NPSL Capital Account: The Federal government does not receive a profit share payment from an NPSL until the lessee shows a credit balance in its capital account; that is, cumulative revenues and other credits exceed cumulative costs. Lessees multiply the credit balance by the net profit share rate (30 to 50 percent), which determines the amount of net profit share payment due to the Federal government. ONRR requires lessees to maintain an NPSL capital account for each lease under § 1220.010, which transfers to a new owner if sold. Following the VerDate Sep<11>2014 16:28 Mar 26, 2020 Jkt 250001 cessation of production, ONRR also requires a lessee to provide either an annual or monthly report to the Federal government using data from the capital account until such time that the lease is terminated, expired, or relinquished. (3) NPSL Inventories: A NPSL lessee must notify BOEM of its intent to take inventory so that BOEM’s Director may be represented at the inventory taking under § 1220.032. The lessee must file a report after taking inventory, and report controllable material under § 1220.031. (4) NPSL Audits: When a non-operator of an NPSL calls for an audit, it must notify ONRR. When ONRR calls for an audit, the lessee must notify all nonoperators on the lease. These requirements are located under § 1220.033. Title of Collection: 30 CFR part 1220, OCS Net Profit Share Payment Reporting. OMB Control Number: 1012–0009. Form Number: None. Type of Review: Extension of a currently approved collection. Respondents/Affected Public: Businesses. Total Estimated Number of Annual Respondents: 9 lessees. All nine lessees report monthly because all current NPSLs are in producing status. Because the requirements to establish a capital account under § 1220.010(a) and the capital account annual reporting under § 1220.031(a) are necessary only during the non-producing status of a lease, ONRR included only one response annually for those requirements, in case a new NPSL is established. ONRR did not include estimates of certain requirements performed in the normal course of business that are considered usual and customary. Total Estimated Number of Annual Responses: 180. Estimated Completion Time per Response: 9 hours. Total Estimated Number of Annual Burden Hours: 1,584 hours. Respondent’s Obligation: Mandatory. Frequency of Collection: Annual, monthly, and on occasion. Total Estimated Annual Nonhour Burden Cost: None. 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. PO 00000 Frm 00060 Fmt 4703 Sfmt 4703 17363 The authority for this action is the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.). Kimbra G. Davis, Director, Office of Natural Resources Revenue. [FR Doc. 2020–06170 Filed 3–26–20; 8:45 am] BILLING CODE 4335–30–P INTERNATIONAL TRADE COMMISSION [Investigation No. 731–TA–1143 (Second Review)] Small Diameter Graphite Electrodes From China; Determination On the basis of the record 1 developed in the subject five-year second review, the United States International Trade Commission (‘‘Commission’’) determines, pursuant to the Tariff Act of 1930 (‘‘the Act’’), that revocation of the antidumping duty order on small diameter graphite electrodes from China would be likely to lead to continuation or recurrence of material injury to an industry in the United States within a reasonably foreseeable time. Background The Commission instituted this review on May 1, 2019 (84 FR 18580) and determined on August 5, 2019 that it would conduct a full review (84 FR 43615, August 21, 2019). Notice of the scheduling of the Commission’s review and of a public hearing to be held in connection therewith was given by posting copies of the notice in the Office of the Secretary, U.S. International Trade Commission, Washington, DC, and by publishing the notice in the Federal Register on September 23, 2019 (84 FR 51619). Subsequently, the Commission cancelled its previouslyscheduled hearing following a request on behalf of the domestic interested parties, the only parties to enter an appearance in this review (85 FR 4339, January 24, 2020). The Commission made this determination pursuant to section 751(c) of the Act (19 U.S.C. 1675(c)). It completed and filed its determination in this review on March 23, 2020. The views of the Commission are contained in USITC Publication 5035 (March 2020), entitled Small Diameter Graphite Electrodes from China: Investigation No. 731–TA–1143 (Second Review). By order of the Commission. 1 The record is defined in sec. 207.2(f) of the Commission’s Rules of Practice and Procedure (19 CFR 207.2(f)). E:\FR\FM\27MRN1.SGM 27MRN1

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[Federal Register Volume 85, Number 60 (Friday, March 27, 2020)]
[Notices]
[Pages 17362-17363]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-06170]


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

DEPARTMENT OF THE INTERIOR

Office of Natural Resources Revenue

[Docket No. ONRR-2011-0006; DS63644000 DRT000000.CH7000201D1113RT; OMB 
Control Number 1012-0009]


Agency Information Collection Activities: Submission to the 
Office of Management and Budget for Review and Approval; OCS Net Profit 
Share Payment

AGENCY: Office of Natural Resources Revenue, Interior.

ACTION: Notice of information collection; request for comment.

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

SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the 
Office of Natural Resources Revenue (ONRR) is proposing to renew an 
information collection. Through this Information Collection Request 
(ICR), ONRR seeks renewed authority to collect information related to 
the paperwork requirements covering the net profit share lease (NPSL) 
program, which establishes the reporting requirements to determine the 
net profit share base and calculate the net profit share payments due 
to the Federal government.

DATES: You must submit your written comments on or before May 26, 2020.

ADDRESSES: Send your comments on this information collection request 
(ICR) by mail to Mr. Luis Aguilar, Regulatory Specialist, ONRR, 
Building 85, MS 64400B, Denver Federal Center, West 6th Ave. and 
Kipling St., Denver, Colorado 80225, or by email to 
[email protected]. Please reference Office of Management and Budget 
(OMB) Control Number 1012-0009 in the subject line of your comments.

FOR FURTHER INFORMATION CONTACT: To request additional information 
about this ICR, contact Jonathan Swedin, Reference and Reporting 
Management, ONRR, at (303) 231-3028, or email to 
[email protected]. You may also view the ICR at http://www.reginfo.gov/public/do/PRAMain.

SUPPLEMENTARY INFORMATION: In accordance with the PRA and 5 CFR 
1320.8(d)(1), all information collections require approval under the 
PRA. ONRR may not conduct or sponsor and you are not required to 
respond to a collection of information unless it displays a currently 
valid OMB control number.
    As part of the continuing effort to reduce paperwork and respondent 
burdens, ONRR is inviting the public and other Federal agencies to 
comment on new, proposed, revised, and continuing collections of 
information. This helps ONRR assess the impact of the information 
collection requirements and minimize the public's reporting burden. It 
also helps the public understand the information collection 
requirements and provide the requested data in the desired format.
    ONRR is especially interested in public comments addressing the 
following:
    (1) Whether or not the collection of information is necessary for 
the proper performance of the functions of the agency, including 
whether or not the information will have practical utility;
    (2) The accuracy of our estimate of the burden for this collection 
of information, including the validity of the methodology and 
assumptions used;
    (3) Ways to enhance the quality, utility, and clarity of the 
information to be collected; and
    (4) How might the agency minimize the burden of the collection of 
information on those who are to respond, including through the use of 
appropriate automated, electronic, mechanical, or other technological 
collection techniques or other forms of information technology, e.g., 
permitting electronic submission of response.
    Comments that you submit in response to this notice are a matter of 
public record. ONRR will include or summarize each comment when 
requesting OMB approval for the renewal of this ICR. Before including 
your address, phone number, email address, or other personal 
identifying information in your comment, you should be aware that your 
entire comment--including your personal identifying information--may be 
made publicly available at any time. While you can ask ONRR to withhold 
your personal identifying information from public review, ONRR cannot 
guarantee that it will be able to do so.
    Abstract: The Secretary of the United States Department of the 
Interior is responsible for mineral resource development on Federal and 
Indian lands and the Outer Continental Shelf (OCS). Under various laws, 
the Secretary's responsibility is to (1) manage mineral resource 
production, (2) collect royalties and other mineral revenues due, and 
(3) disburse the funds collected. The laws pertaining to mineral leases 
on Federal and Indian lands and the OSC are posted at http://www.onrr.gov/Laws_R_D/PubLaws/default.htm.
    The Secretary also has a trust responsibility to manage Indian 
lands and seek advice and information from Indian beneficiaries. ONRR 
performs the minerals revenue management functions for the Secretary 
and assists the

[[Page 17363]]

Secretary in carrying out the Department's trust responsibility for 
Indian lands.
    (a) General Information: ONRR collects and uses this information to 
determine (i) the allowable direct, and allocable joint, costs and 
credits under Sec.  1220.011 that are incurred during the lease term, 
(ii) the appropriate overhead allowance related to these costs 
permitted under Sec.  1220.012, and (iii) the allowances for capital 
recovery calculated under Sec.  1220.020. ONRR also collects this 
information to ensure that royalties or net profit share payments are 
accurately valued and appropriately paid. This ICR only effects oil and 
gas leases located on submerged Federal lands on the Outer Continental 
Shelf (OCS).
    (b) Information Collections: Title 30 CFR part 1220 covers the NPSL 
program and establishes reporting requirements to determine the net 
profit share base under Sec.  1220.021 and calculate the net profit 
share payments due to the Federal government under Sec.  1220.022.
    (1) NPSL Bidding System: To encourage exploration and development 
of oil and gas leases on submerged Federal lands on the OCS, the Bureau 
of Ocean Energy Management (BOEM) promulgated regulations under 30 CFR 
part 260--Outer Continental Shelf Oil and Gas Leasing. BOEM also 
promulgated specific implementing regulations for the NPSL bidding 
system under Sec.  260.110(d). BOEM established the NPSL bidding system 
to balance a fair market return to the Federal government for the lease 
of its public lands with a fair profit to companies risking their 
investment capital. The system provides an incentive for early, 
expeditious exploration and development, and provides for risk sharing 
between the lessee and Federal government. The NPSL bidding system 
incorporates a fixed capital recovery system that allows a lessee to 
recover exploration and development costs from production revenues, 
including a reasonable return on investment.
    (2) NPSL Capital Account: The Federal government does not receive a 
profit share payment from an NPSL until the lessee shows a credit 
balance in its capital account; that is, cumulative revenues and other 
credits exceed cumulative costs. Lessees multiply the credit balance by 
the net profit share rate (30 to 50 percent), which determines the 
amount of net profit share payment due to the Federal government.
    ONRR requires lessees to maintain an NPSL capital account for each 
lease under Sec.  1220.010, which transfers to a new owner if sold. 
Following the cessation of production, ONRR also requires a lessee to 
provide either an annual or monthly report to the Federal government 
using data from the capital account until such time that the lease is 
terminated, expired, or relinquished.
    (3) NPSL Inventories: A NPSL lessee must notify BOEM of its intent 
to take inventory so that BOEM's Director may be represented at the 
inventory taking under Sec.  1220.032. The lessee must file a report 
after taking inventory, and report controllable material under Sec.  
1220.031.
    (4) NPSL Audits: When a non-operator of an NPSL calls for an audit, 
it must notify ONRR. When ONRR calls for an audit, the lessee must 
notify all non-operators on the lease. These requirements are located 
under Sec.  1220.033.
    Title of Collection: 30 CFR part 1220, OCS Net Profit Share Payment 
Reporting.
    OMB Control Number: 1012-0009.
    Form Number: None.
    Type of Review: Extension of a currently approved collection.
    Respondents/Affected Public: Businesses.
    Total Estimated Number of Annual Respondents: 9 lessees.
    All nine lessees report monthly because all current NPSLs are in 
producing status. Because the requirements to establish a capital 
account under Sec.  1220.010(a) and the capital account annual 
reporting under Sec.  1220.031(a) are necessary only during the non-
producing status of a lease, ONRR included only one response annually 
for those requirements, in case a new NPSL is established. ONRR did not 
include estimates of certain requirements performed in the normal 
course of business that are considered usual and customary.
    Total Estimated Number of Annual Responses: 180.
    Estimated Completion Time per Response: 9 hours.
    Total Estimated Number of Annual Burden Hours: 1,584 hours.
    Respondent's Obligation: Mandatory.
    Frequency of Collection: Annual, monthly, and on occasion.
    Total Estimated Annual Nonhour Burden Cost: None.
    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.
    The authority for this action is the Paperwork Reduction Act of 
1995 (44 U.S.C. 3501 et seq.).

Kimbra G. Davis,
Director, Office of Natural Resources Revenue.
[FR Doc. 2020-06170 Filed 3-26-20; 8:45 am]
 BILLING CODE 4335-30-P