30 CFR Part 220, OCS Net Profit Share Payment Reporting

ICR 200803-1010-003

OMB: 1010-0073

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2008-07-09
Supporting Statement A
2008-06-24
Supplementary Document
2008-03-14
Supplementary Document
2008-03-14
Supplementary Document
2008-03-14
ICR Details
1010-0073 200803-1010-003
Historical Active 200508-1010-001
DOI/BOEM mrm 1010-0073
30 CFR Part 220, OCS Net Profit Share Payment Reporting
Extension without change of a currently approved collection   No
Regular
Approved without change 11/19/2008
Retrieve Notice of Action (NOA) 07/09/2008
  Inventory as of this Action Requested Previously Approved
11/30/2011 36 Months From Approved 11/30/2008
110 0 164
1,046 0 1,583
0 0 0

MMS established the net profit share lease (NPSL) bidding system to balance a fair market return to the Federal Government for the lease of its lands with a fair profit to companies risking their investment capital.

PL: Pub.L. 104 - 185 000 Name of Law: Federal Oil and Gas Royalty Simplication and Fairness Act of 1996
   US Code: 43 USC 1353 Name of Law: Outer Continental Shelf Lands Act of 1953
   US Code: 30 USC 1923 Name of Law: Mineral Leasing Act of 1920
   PL: Pub.L. 97 - 451 000 Name of Law: Federal Oil and Gas Royalty Management Act of 1982
  
None

Not associated with rulemaking

  72 FR 56090 10/02/2007
73 FR 39331 07/09/2008
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 110 164 0 0 -54 0
Annual Time Burden (Hours) 1,046 1,583 0 0 -537 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
There is no program change for this information collection, but there is an adjustment decrease of 537 hours due to re-estimating the number of submissions and hour burden.

$29,811
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Armand Southall 303 231-3221 [email protected]

  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.
07/09/2008


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