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1010-0040 198712-1010-002
Historical Active 198603-1010-008
DOI/BOEM
PRODUCTION ACCOUNTING AND AUDITING SYSTEM OIL AND GAS REPORTS
Revision of a currently approved collection   No
Regular
Approved without change 02/25/1988
12/22/1987
these forms are approved for 3 years. However, MMS should submit Inventory Correction Worksheets each of the next two years to account for the increase in FY89 and decrease expected in FY90. MMS is encouraged to give a high priority to the automation of the onshore reporting as a means of reducing burden. In addition, MMS should weigh the burden and costs of collecting all the information versus the added fraud detected as it develops the onshore reporting system and the Liquid Verification System. MMS may be able to eliminate pieces of the information without harming their recovery rate on fraudulent claims. Royalty Management is encouraged to work with Offshore to share monthly and quarterly reporting to decrease the burden on the public.
  Inventory as of this Action Requested Previously Approved
02/28/1991 02/28/1991 08/31/1988
244,289 0 37,900
163,973 0 53,770
0 0 0