Update to Indian Index Zone Price Points
The Office of Natural Resources Revenue (ONRR, formerly Minerals Management Service's (MMS) Minerals Revenue Management) is announcing an update to Indian index zone price points that will remove certain natural gas index prices from the Indian Index Zone calculation. These changes will impact Oklahoma-Zone 1, Oklahoma-Zone 2, and the Central Rocky Mountain Zone. The ONRR State and Indian Outreach Program held three Indian Tribal Consultation meetings seeking input and comments on several changes that could affect the valuation of mineral production on Indian lands, including this Federal Register Notice. The meetings took place in Albuquerque, NM on May 19; Denver, CO on May 26; and Oklahoma City, OK on June 9, 2011. The ONRR did not receive any negative comments from the various Indian Tribes on this Federal Register Notice.
Notice of Proposed Audit Delegation Renewals for the States of Oklahoma and Montana
The States of Oklahoma and Montana (States) are requesting that the Office of Natural Resources Revenue (ONRR) renew current delegations of audit and investigation authority. This notice gives members of the public an opportunity to review and comment on the States' proposals.
Assessments for Mismatched Payments or Inadequate Payment Information for Geothermal, Solid Minerals, and Indian Oil and Gas Leases
Regulations for geothermal, solid minerals, and Indian oil and gas leases authorize the Office of Natural Resources Revenue (ONRR) to assess payors for failure to submit payments of the same amount as the royalty or bill document, or to provide adequate information. The amount assessed for each mismatched or inadequately identified payment will be $214.00, effective on the date stated below.