Office of Natural Resources Revenue August 2017 – Federal Register Recent Federal Regulation Documents
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Repeal of Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform
The Office of Natural Resources Revenue (ONRR) is repealing the Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform Final Rule, published July 1, 2016, and effective January 1, 2017. Simultaneously, ONRR is reinstating the valuation regulations governing the valuation of Federal oil, Federal gas, and Federal and Indian coal that were in effect before January 1, 2017.