Royalty-In-Kind Pilot Program Directed Third-Party Communications Between Operators and Purchasers of RIK Federal Oil and Gas Purchase System

ICR 199907-1010-010

OMB: 1010-0126

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
1010-0126 199907-1010-010
Historical Active 199901-1010-003
DOI/BOEM
Royalty-In-Kind Pilot Program Directed Third-Party Communications Between Operators and Purchasers of RIK Federal Oil and Gas Purchase System
Extension without change of a currently approved collection   No
Regular
Approved without change 02/22/2000
Retrieve Notice of Action (NOA) 07/23/1999
  Inventory as of this Action Requested Previously Approved
02/28/2003 02/28/2003 02/29/2000
4,320 0 2,925
3,720 0 97
0 0 0

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 lessee (a royalty payment). MMS will monetize the royalty production it takes and appropriately distribute the resulting revenues. The communications between operators and purchasers of RIK may be electronic or by telephone or telefax. These communications will support efficient transfer of the RIK from the operators to the purchsers, resolve transportation issues, and make adjustments.

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 4,320 2,925 0 0 1,395 0
Annual Time Burden (Hours) 3,720 97 0 0 3,623 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
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.
07/23/1999


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