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