30 CFR Parts 202, 204, and 206, Federal Oil and Gas Valuation

Forms and Documents

Document	Type	Status	Availability
Form MMS-4393 Request to Exceed Regulatory Allowance Limitation	Form and Instruction	Modified	Repair queued
1010-0136.30-Day Notice.pdf	Supplementary Document	Uploaded 2009-03-10	Repair queued
0136 Supporting Statement3-5-09.doc	Supporting Statement A	Uploaded 2009-03-05	Available
0136 CFR Citations.pdf	Supplementary Document	Uploaded 2009-02-18	Available
0136 60-Day FRN 73 FR 47969 Aug 15 2008.pdf	Supplementary Document	Uploaded 2009-02-13	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
187792	Accounting and Auditing Relief for States		New
187760	Oil and Gas Valuation		New
187758	Accounting and Auditing Relief for Industry		New
10869	Request to Exceed Regulatory Allowance Limitation	Form and Instruction	Modified

ICR Details

OMB Control No: 1010-0136	ICR Reference No: 200901-1010-002
Status: Historical Active	Previous ICR Reference No: 200605-1010-002
Agency/Subagency: DOI/BOEM	Agency Tracking No:
Title: 30 CFR Parts 202, 204, and 206, Federal Oil and Gas Valuation
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/30/2009
	Date Received in OIRA: 03/10/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2012	36 Months From Approved	06/30/2009
Responses	98	0	107
Time Burden (Hours)	21,055	0	20,504
Cost Burden (Dollars)	0	0	0

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Abstract: Market value is a basic principle underlying royalty valuation. Therefore, MMS has developed methods to capture the true market value of crude oil and gas produced from Federal leases, both onshore and offshore. The regulations mandate that companies collect and/or submit information used to value their Federal oil and gas, including transportation and processing regulatory allowance limit information.

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Authorizing Statute(s): PL: Pub.L. 97 - 451 101 Name of Law: Federal Oil and Gas Royalty Management Act of 1982
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 47969	08/15/2008
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 10265	03/10/2009
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 4

IC Title	Form No.	Form Name
Accounting and Auditing Relief for Industry
Accounting and Auditing Relief for States
Request to Exceed Regulatory Allowance Limitation	MMS-4393	Request to Exceed Regulatory Allowance Limitation
Oil and Gas Valuation

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ICR Summary of Burden

	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	98	107	0	-8	-1	0
Annual Time Burden (Hours)	21,055	20,504	0	0	551	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: There is an adjustment increase of 551 hours due to recalculating the estimated number of submissions and hour burden based on actual historical response data and the consolidation relevant parts for two ICRs.

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Annual Cost to Federal Government: $1,263,300

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 03/10/2009

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