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DOI/MMS | RIN: 1010-AD33 | Publication ID: Fall 2008 |
Title: Deep Gas and Offshore Alaska Provisions | |
Abstract: This rule implements three new royalty relief incentives specified by the Energy Policy Act of 2005 (Pub. L. 109-190). The new incentives are: (1) A royalty suspension volume of 35 BCF for gas produced from ultra-deep (20,000 feet or more subsea) reservoirs on shallow water leases in the Gulf of Mexico; (2) extension of at least the existing deep gas incentives plus the new ultra-deep gas incentive to leases in the Gulf located in water depths between 200 and 400 meters of water; and (3) provision of pre-production royalty relief to leases in offshore Alaska when it is necessary to promote development, increased production, or production of marginal resources. | |
Agency: Department of the Interior(DOI) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 30 CFR 203 | |
Legal Authority: PL 109-190 |
Legal Deadline:
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: William Hauser Department of the Interior Minerals Management Service 381 Elden Street, Herndon, VA 20170 Phone:703 787-1613 Fax:703 787-1546 Email: william.hauser@mms.gov |