States' Decisions on Participating in Accounting and Auditing Relief for Federal Oil and Gas Marginal Properties, 73314 [2021-28045]
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73314
Federal Register / Vol. 86, No. 245 / Monday, December 27, 2021 / Notices
gaming facilities. The Amendment is
approved.
Bryan Newland,
Assistant Secretary—Indian Affairs.
[FR Doc. 2021–27975 Filed 12–23–21; 8:45 am]
BILLING CODE 4337–15–P
DEPARTMENT OF THE INTERIOR
Office of Natural Resources Revenue
[Docket No. ONRR–2011–0002; DS63644000
DRT000000.CH7000 223D1113RT]
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:
In accordance with Office of
Natural Resources Revenue (ONRR)
regulations, ONRR provides two types
of accounting and auditing relief for
Federal oil and gas production from
marginal properties: (1) The cumulative
royalty reports and payments relief
option, which allows a lessee or
designee to submit one royalty report
and payment for the calendar year’s
production; and (2) other requested
relief, which allows a lessee or designee
to request any type of accounting and
auditing relief that is appropriate for
production from the marginal property
and meets certain requirements. By
October 1 of each calendar year, ONRR
provides a list of qualifying marginal
Federal oil and gas properties to the
States receiving a portion of Federal
royalties from those properties. Each
State then decides whether to
participate in neither, one, or both relief
options. This Notice provides the public
each State’s decision on whether to
participate in marginal property relief.
DATES: Effective January 1, 2022.
FOR FURTHER INFORMATION CONTACT: Mr.
Robert Sudar, Market and Spatial
Analytics, Coordination, Enforcement,
Valuations, and Appeals Division,
ONRR, at (303) 231–3511; or by email to
Robert.Sudar@onrr.gov.
SUPPLEMENTARY INFORMATION: Pursuant
to the Federal Oil and Gas Royalty
Simplification and Fairness Act of 1996
(30 U.S.C. 1726) and 30 CFR part 1204,
subpart C, ONRR and States can relieve
the lessee of a marginal Federal oil and
gas property from certain reporting,
accounting, and auditing requirements.
ONRR’s rules under 30 CFR 1204.202
and 1204.203 authorize two relief
options: (1) Cumulative royalty reports
and payments relief option, which
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SUMMARY:
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19:11 Dec 23, 2021
Jkt 256001
allows a lessee or designee to submit
one royalty report and payment during
a calendar year; and (2) other requested
relief, which allows a lessee or designee
to request any type of appropriate
marginal property accounting and
auditing relief that meets the
requirements under § 1204.5 and is not
prohibited under § 1204.204.
To qualify for the first relief option,
cumulative royalty reports and
payments relief option, properties must
produce less than 1,000 barrels-of-oilequivalent (BOE) per year for the base
period (July 1, 2020 through June 30,
2021). Annual reporting relief will begin
January 1, 2022, with the annual report
and payment due February 28, 2023. If
a lessee has an estimated payment on
file, the payment due date is March 31,
2023. 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, as calculated under 30 CFR
1204.4(c).
Each State makes an annual
determination as to whether it will
participate in neither, one, or both relief
options. This Notice fulfills the
requirement in ONRR’s rules to publish
a notice of the State’s ‘‘intent to allow
or not allow certain relief options . . .
in the Federal Register no later than 30
days before the beginning of the
applicable calendar year.’’ See 30 CFR
1204.208(f).
The following table shows the States
with qualifying marginal properties and
those States’ decisions on whether to
participate in neither, one, or both relief
options for calendar year 2022. An ‘‘N/
A’’ means that no properties within the
State met that condition for that type of
relief:
State
Cumulative royalty report and
payment relief
(less than 1,000
BOE per year)
Other
accounting and
auditing relief
(less than 15
BOE per well
per day)
Alabama ..........
Arkansas ..........
California .........
Colorado ..........
Kansas .............
Louisiana .........
Michigan ..........
Montana ...........
Nebraska .........
Nevada ............
New Mexico .....
North Dakota ...
Oklahoma ........
South Dakota ...
Utah .................
Wyoming ..........
YES .................
N/A ..................
NO ...................
NO ...................
NO ...................
YES .................
YES .................
NO ...................
N/A ..................
YES .................
NO ...................
YES .................
NO ...................
YES .................
NO ...................
YES .................
YES.
YES.
NO.
NO.
NO.
YES.
YES.
NO.
NO.
YES.
YES.
YES.
NO.
YES.
NO.
NO.
Pursuant to 30 U.S.C. 1726(c), a
Federal oil and gas property located in
PO 00000
Frm 00078
Fmt 4703
Sfmt 4703
a State where ONRR does not share a
portion of Federal royalties with that
State (that is, for 2022, a State not listed
in the table above) is eligible for relief
if it qualifies as a marginal property. For
more information on how to obtain
relief, please refer to 30 CFR 1204.205.
Unless the information that ONRR
receives is proprietary data, all
correspondence, records, or information
received 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)
containing proprietary data. ONRR
protects proprietary information under
the Trade Secrets Act (18 U.S.C. 1905),
FOIA Exemption 4 (5 U.S.C. 552(b)(4)),
and the Department of the Interior’s
FOIA regulations (43 CFR part 2).
Authority: Federal Oil and Gas
Royalty Management Act of 1982, 30
U.S.C. 1701 et seq., as amended by
Federal Oil and Gas Royalty
Simplification and Fairness Act of 1996
(RSFA, Pub. L. 104–185—Aug. 13, 1996,
as corrected by Pub. L. 104–200—Sept.
22, 1996).
Kimbra G. Davis,
Director, Office of Natural Resources
Revenue.
[FR Doc. 2021–28045 Filed 12–23–21; 8:45 am]
BILLING CODE 4335–30–P
INTERNATIONAL TRADE
COMMISSION
[Investigation No. 337–TA–972 (Rescission)]
Certain Automated Teller Machines,
ATM Modules, Components Thereof,
and Products Containing the Same;
Commission Decision To Institute a
Rescission Proceeding; Rescission of
a Limited Exclusion Order and Cease
and Desist Orders; Termination of
Rescission Proceeding
U.S. International Trade
Commission.
ACTION: Notice.
AGENCY:
Notice is hereby given that
the U.S. International Trade
Commission (‘‘Commission’’) has
determined to institute a rescission
proceeding in the above-captioned
investigation and to grant a joint motion
for rescission of a limited exclusion
order (‘‘LEO’’) and three cease and
desist orders (‘‘CDOs’’) previously
issued in the investigation. The LEO
and CDOs are rescinded, and the
rescission proceeding is terminated.
SUMMARY:
E:\FR\FM\27DEN1.SGM
27DEN1
]]>Agencies
[Federal Register Volume 86, Number 245 (Monday, December 27, 2021)]
[Notices]
[Page 73314]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-28045]
-----------------------------------------------------------------------
DEPARTMENT OF THE INTERIOR
Office of Natural Resources Revenue
[Docket No. ONRR-2011-0002; DS63644000 DRT000000.CH7000 223D1113RT]
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: In accordance with Office of Natural Resources Revenue (ONRR)
regulations, ONRR provides two types of accounting and auditing relief
for Federal oil and gas production from marginal properties: (1) The
cumulative royalty reports and payments relief option, which allows a
lessee or designee to submit one royalty report and payment for the
calendar year's production; and (2) other requested relief, which
allows a lessee or designee to request any type of accounting and
auditing relief that is appropriate for production from the marginal
property and meets certain requirements. By October 1 of each calendar
year, ONRR provides a list of qualifying marginal Federal oil and gas
properties to the States receiving a portion of Federal royalties from
those properties. Each State then decides whether to participate in
neither, one, or both relief options. This Notice provides the public
each State's decision on whether to participate in marginal property
relief.
DATES: Effective January 1, 2022.
FOR FURTHER INFORMATION CONTACT: Mr. Robert Sudar, Market and Spatial
Analytics, Coordination, Enforcement, Valuations, and Appeals Division,
ONRR, at (303) 231-3511; or by email to [email protected].
SUPPLEMENTARY INFORMATION: Pursuant to the Federal Oil and Gas Royalty
Simplification and Fairness Act of 1996 (30 U.S.C. 1726) and 30 CFR
part 1204, subpart C, ONRR and States can relieve the lessee of a
marginal Federal oil and gas property from certain reporting,
accounting, and auditing requirements. ONRR's rules under 30 CFR
1204.202 and 1204.203 authorize two relief options: (1) Cumulative
royalty reports and payments relief option, which allows a lessee or
designee to submit one royalty report and payment during a calendar
year; and (2) other requested relief, which allows a lessee or designee
to request any type of appropriate marginal property accounting and
auditing relief that meets the requirements under Sec. 1204.5 and is
not prohibited under Sec. 1204.204.
To qualify for the first relief option, cumulative royalty reports
and payments relief option, properties must produce less than 1,000
barrels-of-oil-equivalent (BOE) per year for the base period (July 1,
2020 through June 30, 2021). Annual reporting relief will begin January
1, 2022, with the annual report and payment due February 28, 2023. If a
lessee has an estimated payment on file, the payment due date is March
31, 2023. 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, as calculated under 30 CFR
1204.4(c).
Each State makes an annual determination as to whether it will
participate in neither, one, or both relief options. This Notice
fulfills the requirement in ONRR's rules to publish a notice of the
State's ``intent to allow or not allow certain relief options . . . in
the Federal Register no later than 30 days before the beginning of the
applicable calendar year.'' See 30 CFR 1204.208(f).
The following table shows the States with qualifying marginal
properties and those States' decisions on whether to participate in
neither, one, or both relief options for calendar year 2022. An ``N/A''
means that no properties within the State met that condition for that
type of relief:
------------------------------------------------------------------------
Cumulative royalty Other accounting
report and payment and auditing
State relief (less than relief (less than
1,000 BOE per 15 BOE per well
year) per day)
------------------------------------------------------------------------
Alabama......................... YES............... YES.
Arkansas........................ N/A............... YES.
California...................... NO................ NO.
Colorado........................ NO................ NO.
Kansas.......................... NO................ NO.
Louisiana....................... YES............... YES.
Michigan........................ YES............... YES.
Montana......................... NO................ NO.
Nebraska........................ N/A............... NO.
Nevada.......................... YES............... YES.
New Mexico...................... NO................ YES.
North Dakota.................... YES............... YES.
Oklahoma........................ NO................ NO.
South Dakota.................... YES............... YES.
Utah............................ NO................ NO.
Wyoming......................... YES............... NO.
------------------------------------------------------------------------
Pursuant to 30 U.S.C. 1726(c), a Federal oil and gas property
located in a State where ONRR does not share a portion of Federal
royalties with that State (that is, for 2022, a State not listed in the
table above) is eligible for relief if it qualifies as a marginal
property. For more information on how to obtain relief, please refer to
30 CFR 1204.205.
Unless the information that ONRR receives is proprietary data, all
correspondence, records, or information received 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) containing proprietary data. ONRR protects proprietary
information under the Trade Secrets Act (18 U.S.C. 1905), FOIA
Exemption 4 (5 U.S.C. 552(b)(4)), and the Department of the Interior's
FOIA regulations (43 CFR part 2).
Authority: Federal Oil and Gas Royalty Management Act of 1982, 30
U.S.C. 1701 et seq., as amended by Federal Oil and Gas Royalty
Simplification and Fairness Act of 1996 (RSFA, Pub. L. 104-185--Aug.
13, 1996, as corrected by Pub. L. 104-200--Sept. 22, 1996).
Kimbra G. Davis,
Director, Office of Natural Resources Revenue.
[FR Doc. 2021-28045 Filed 12-23-21; 8:45 am]
BILLING CODE 4335-30-P
