Royality-in-Kind Pilot Program Spreadsheets: Federal Oil and Gas Purchase System and Joint Effort Royalty Oil and Gas Purchase System

ICR 199809-1010-001

OMB: 1010-0118

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
1010-0118 199809-1010-001
Historical Active
DOI/BOEM
Royality-in-Kind Pilot Program Spreadsheets: Federal Oil and Gas Purchase System and Joint Effort Royalty Oil and Gas Purchase System
New collection (Request for a new OMB Control Number)   No
Emergency 09/10/1998
Approved without change 09/03/1998
Retrieve Notice of Action (NOA) 09/02/1998
  Inventory as of this Action Requested Previously Approved
06/30/1999 06/30/1999
1,562 0 0
52 0 0
0 0 0

The MMS seeks through three pilot programs to evaluate the feasibility and cost-effectiveness of taking Federal oil and gas royalities as an "in-kind" share of production (RIK) rather than as a share of the value recognized from sale by the lessee royality payment. MMS willl monetize the royality production it takes and appropriately distribute the resulting revenues. The spreadsheets will electronically generate a form MMS-2014 reporting payments for RIK production by RIK purchasers. Lessees will not pay or report royalities on these volumes. MMS will use the spreadsheet generated form 2014 data to monitor, account....

None
None


No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,562 0 0 1,562 0 0
Annual Time Burden (Hours) 52 0 0 52 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

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.
09/02/1998


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