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DOI/BLM | RIN: 1004-AE04 | Publication ID: Fall 2008 |
Title: ●Reduction of Royalty on Stripper Wells and Heavy Oil | |
Abstract: The Bureau of Land Management is removing its regulations that have reduced royalty rates as an incentive for production from oil stripper wells and wells producing heavy oil. High oil prices now provide sufficient incentive to develop these resources. | |
Agency: Department of the Interior(DOI) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 43 CFR 3103.4-2 43 CFR 3103.4-3 | |
Legal Authority: 43 USC 1701 et seq |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Related Agencies: Common: DOI/MMS; | |
Agency Contact: Jean Sonneman Department of the Interior Bureau of Land Management 1849 C Street NW., 401 LS, Washington, DC 20240 Phone:202 785-6577 Email: jean_sonneman@blm.gov |