Office of Natural Resources Revenue July 2016 – Federal Register Recent Federal Regulation Documents
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Amendments to Designated Areas
ONRR convened two technical conferences on November 20, 2015 to discuss amending the boundaries of four of the designated areas it uses to calculate the index-based major portion prices in its regulations. At the technical conferences, the participants discussed issues regarding the appropriate boundary line between the North Fort Berthold and South Fort Berthold Designated Areas and adding additional counties to one or both of the two designated areas in the Uintah and Ouray Reservation.
Major Portion Prices and Due Date for Additional Royalty Payments on Indian Gas Production in Designated Areas Not Associated With an Index Zone
On June 8, 2016, ONRR published (at 81 FR 36954) a notice of the due date for industry to pay additional royalties based on the major portion prices, titled ``Major Portion Prices and Due Date for Additional Royalty Payments on Indian Gas Production in Designated Areas Not Associated with an Index Zone.'' ONRR is amending the due date to pay additional royalties based on the major portion prices from August 8, 2016 to August 31, 2016.
Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform
ONRR is amending our regulations governing valuation, for royalty purposes, of oil and gas produced from Federal onshore and offshore leases and coal produced from Federal and Indian leases. This rule also consolidates definitions for oil, gas, and coal product valuation into one subpart that is applicable to the Federal oil and gas and Federal and Indian coal subparts.
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