30 CFR Part 1220, OCS Net Profit Share Payment Reporting

Forms and Documents

Document Name	Status
ONRR-0009-30-day-notice.pdf Supplementary Document	2011-08-12
ICR0009 Supporting Statement.pdf Supporting Statement A	2011-07-27
60 day notice, 20110325.pdf Supplementary Document	2011-05-31
30 CFR Part 220 Determining OCS Net Profit Share Payments .pdf Supplementary Document	2008-03-14
Legal Citations.pdf Supplementary Document	2008-03-14

IC Document Collections

IC ID	Document Title	Status
10753	30 CFR Part 1220 - Accounting Procedures for Determining Net Profit Share Payment for Outer Continental Shelf Oil and Gas Leases, Section 1220.010 ...	Modified

ICR Details

OMB Control No: 1012-0009	ICR Reference No: 201105-1012-004
Status: Historical Active	Previous ICR Reference No: 201103-1012-009
Agency/Subagency: DOI/ONRR	Agency Tracking No: ONRR 1012-0009
Title: 30 CFR Part 1220, OCS Net Profit Share Payment Reporting
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: 10/17/2011
	Date Received in OIRA: 08/12/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2014	36 Months From Approved	11/30/2011
Responses	110	0	110
Time Burden (Hours)	1,046	0	1,046
Cost Burden (Dollars)	0	0	0

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Abstract: The Department of the Interior (DOI) established the net profit share lease (NPSL) bidding system to balance a fair market return to the Federal Government for the lease of its public lands with a fair profit to companies risking their investment capital. ONRR collects this information to ensure royalties or net profit share payments are accurately valued and appropriately paid. ONRR also collects and uses this information to determine all allowable direct and allocable joint costs and credits during the lease term.

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Authorizing Statute(s): US Code: 30 USC 1923 Name of Law: Mineral Leasing Act of 1920
   PL: Pub.L. 104 - 185 000 Name of Law: Federal Oil and Gas Royalty Simplication and Fairness Act of 1996
   PL: Pub.L. 97 - 451 000 Name of Law: Federal Oil and Gas Royalty Management Act of 1982
   PL: Pub.L. 104 - 200 000 Name of Law: FOGRSFA
   US Code: 43 USC 1353 Name of Law: Outer Continental Shelf Lands Act of 1953
  

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:
	76 FR 16816	03/25/2011
30-day Notice:	Federal Register Citation:	Citation Date:
	76 FR 50249	08/12/2011
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
30 CFR Part 1220 - Accounting Procedures for Determining Net Profit Share Payment for Outer Continental Shelf Oil and Gas Leases, Section 1220.010 ...

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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	110	110	0	0	0	0
Annual Time Burden (Hours)	1,046	1,046	0	0	0	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:

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Annual Cost to Federal Government: $31,380

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: 08/12/2011

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