The safety net calculation establishes
the minimum value for royalty purposes. This requirement will
assist the Indian lessor in getting all the royalties that are due
and aid the Minerals Management Service (MMS) in its compliance
efforts. The safety net price would be calculated using prices
received for gas sold downstream of the index point. It would
include only the lessee's sales prices, and it would not require
detailed calculations for the costs of transportation.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.