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DOI/ONRR | RIN: 1012-AA11 | Publication ID: Fall 2011 |
Title: ●Allocation and Disbursement of Royalties, Rentals, and Bonuses—Oil and Gas | |
Abstract: The Office of Natural Resources Revenue (ONRR) proposes to amend the regulations on distribution and disbursement of royalties, rentals, and bonuses to include the allocation and disbursement of revenues from certain leases on the Gulf of Mexico Outer Continental Shelf in accordance with the provisions of the Gulf of Mexico Energy Security Act of 2006 (GOMESA). The proposed regulations set forth the formula and methodology for calculating and allocating revenues during the second phase of revenue sharing to the States of Alabama, Louisiana, Mississippi, and Texas, their eligible coastal political subdivisions (CPSs), and the Land and Water Conservation Fund (LWCF). Additionally, the GOMESA Phase-I regulations are being moved from Bureau of Ocean Energy Management (BOEM) to ONRR and minor definitional changes are proposed to these current revenue sharing regulations. | |
Agency: Department of the Interior(DOI) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 30 CFR 219 30 CFR 1219 | |
Legal Authority: Not Yet Determined |
Legal Deadline:
None |
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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: Gary Fields Manager, Program Audit and Operations Department of the Interior Office of Natural Resources Revenue P.O. Box 25165, MS 61010B, Denver, CO 80225-0165 Phone:303 231-3102 Email: gary.fields@onrr.gov |