30 CFR Parts 202, 204, 206, and 210, Federal Oil and Gas Valuation

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form BOEMRE Form MMS-43 Stripper Royalty Rate Reduction Notification	Form and Instruction	New	Available
Form BOEMRE Form MMS-43 Request to Exceed Regulatory Allowance Limitation	Form and Instruction	Modified	Available
0136 30-day 9-3-10.pdf	Supplementary Document	Uploaded 2010-09-07	Repair queued
0136 SS 090110.doc	Supporting Statement A	Uploaded 2010-09-02	Available
30 CFR citations for 0136.pdf	Supplementary Document	Uploaded 2010-08-13	Available
0136 60-day FRN 04122010.pdf	Supplementary Document	Uploaded 2010-08-13	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
193395	Stripper Oil Program	Form and Instruction	New	Stripper Royalty Rate Reduction Notification
187792	Accounting and Auditing Relief for States		Modified
187760	Oil and Gas Valuation		Modified
187758	Accounting and Auditing Relief for Industry		Modified
10869	Request to Exceed Regulatory Allowance Limitation	Form and Instruction	Modified	Request to Exceed Regulatory Allowance Limitation

ICR Details

OMB Control No: 1012-0005	ICR Reference No: 201103-1012-005
Status: Historical Active	Previous ICR Reference No: 200901-1010-002
Agency/Subagency: DOI/ONRR	Agency Tracking No:
Title: 30 CFR Parts 202, 204, 206, and 210, Federal Oil and Gas Valuation
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/04/2011
Retrieve Notice of Action (NOA)	Date Received in OIRA: 03/04/2011
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2013	36 Months From Approved
Responses	277	0	98
Time Burden (Hours)	9,378	0	21,055
Cost Burden (Dollars)	0	0	0

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Abstract: Market value is a basic principle underlying royalty valuation. Therefore, BOEM 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. 104 - 185 101 Name of Law: Federal Oil and Gas Royalty Simplification and Fairness Act of 1996
   US Code: 30 USC 192 Name of Law: The Mineral Leasing Act of 1920
   US Code: 43 USC 1353 Name of Law: Outer Continental Shelf Lands Act of 1953, Section 27
   PL: Pub.L. 97 - 451 101 Name of Law: Federal Oil and Gas Royalty Management Act of 1982
   US Code: 30 USC 359 Name of Law: pertaining to Acquired Lands
   US Code: 30 USC 189 Name of Law: pertaining to Public Lands
  

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:
	75 FR 18525	04/12/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 54164	09/03/2010
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 5

table that charts list of burden

IC Title	Form No.	Form Name
Accounting and Auditing Relief for Industry
Accounting and Auditing Relief for States
Oil and Gas Valuation
Request to Exceed Regulatory Allowance Limitation	BOEMRE Form MMS-4393	Request to Exceed Regulatory Allowance Limitation
Stripper Oil Program	BOEMRE Form MMS-4377	Stripper Royalty Rate Reduction Notification

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ICR Summary of Burden

table that charts list 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	277	98	0	150	29	0
Annual Time Burden (Hours)	9,378	21,055	0	180	-11,857	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: There is a program change increase of 180 hours as a result of consolidating ICR 1010-0090 with ICR1010-0136. After the consolidation is approved by OMB, MRM will discontinue ICR 1010-0090. There is an adjustment decrease of 11,857 hours, which is due to more accurate estimates by MRM program staff of the time it takes industry to complete the requirements. We revised the burden hour estimates based on ongoing contact and interaction with companies to resolve questions as they arise.

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Annual Cost to Federal Government: $562,680

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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

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: 09/07/2010

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