30 CFR Part 203, Relief or Reduction in Royalty Rates

ICR 201209-1014-001

OMB: 1014-0005

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2012-10-22
Supporting Statement A
2012-10-01
Supplementary Document
2012-09-27
Supplementary Document
2012-09-27
ICR Details
1014-0005 201209-1014-001
Historical Active 201110-1014-005
DOI/BSEE BSEE 1014-0005 '12 ext
30 CFR Part 203, Relief or Reduction in Royalty Rates
Extension without change of a currently approved collection   No
Regular
Approved without change 12/27/2012
Retrieve Notice of Action (NOA) 10/22/2012
  Inventory as of this Action Requested Previously Approved
12/31/2015 36 Months From Approved 12/31/2012
16 0 68
2,329 0 2,635
117,441 0 122,024

Respondents provide BSEE with information that lets BSEE decide whether the granting of a royalty relief request will result in the ultimate production of resources that would not be produced without relief. The application must contain sufficient financial, economic, reservoir, geologic and geophysical, production and engineering information to determine whether the decision to grant relief will result in ultimate increase in resource recovery, augment receipts to the Federal Treasury, and provide for reasonable returns on project investments.

US Code: 31 USC 9701 Name of Law: IOAA
   PL: Pub.L. 104 - 58 302 Name of Law: DWRRA
  
None

Not associated with rulemaking

  77 FR 30310 05/22/2012
77 FR 64535 10/22/2012
Yes

  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 16 68 0 0 -52 0
Annual Time Burden (Hours) 2,329 2,635 0 0 -306 0
Annual Cost Burden (Dollars) 117,441 122,024 0 0 -4,583 0
No
No
The currently approved annual hour burden is 2,635 hours. This submission requests 2,329 hours. The difference is an adjustment decrease of 306 hours as a result of re-estimating the amount of time required to respond and lowering the response, for the most part, to once every 3 years. The currently approved cost burden is $122,024. This submission requests $117,441 representing an adjustment decrease of $4,583 resulting from re-estimating the annual number of applications/responses (we are receiving far fewer applications than originally expected) and associated costs (application/audit fees and fewer CPA certification reports). Based on recent and expected oil and gas prices, we foresee less need for and use of the royalty relief program over the next several years.

$113,555
No
No
No
No
No
Uncollected
K. Nicole Mason 703 787-1605 [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.
10/22/2012


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