30 CFR Part 203, Relief or
Reduction in Royalty Rates
Extension without change of a currently approved collection
No
Regular
07/09/2024
Requested
Previously Approved
36 Months From Approved
11/30/2024
28
28
724
724
27,950
27,950
Respondents provide BSEE with
information that assists BSEE in determining 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: Independent Offices Appropriation Act
PL:
Pub.L. 104 - 58 302 Name of Law: Deep Water Royalty Relief
Act
PL:
Pub.L. 109 - 58 323 Name of Law: Energy Policy Act of 2005
US Code: 43
USC 1337 Name of Law: Outer Continental Shelf (OCS) Lands
Act
K. Nicole Mason 703 787-1605
nicole.mason@bsee.gov
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.