View Information Collection Request (ICR) Package
Skip to main content
An official website of the United States government
The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.
The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Search:
Agenda
Reg Review
ICR
This script is used to control the display of information in this page.
Display additional information by clicking on the following:
All
Brief and OIRA conclusion
Abstract/Justification
Legal Statutes
Rulemaking
FR Notices/Comments
IC List
Burden
Misc.
Common Form Info.
Certification
View Information Collection (IC) List
View Supporting Statement and Other Documents
Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1010-0114
ICR Reference No:
202310-1010-003
Status:
Active
Previous ICR Reference No:
202306-1010-003
Agency/Subagency:
DOI/BOEM
Agency Tracking No:
1010-AE14
Title:
Risk Management and Financial Assurance for OCS Lease and Grant Obligations
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
07/16/2024
Retrieve Notice of Action (NOA)
Date Received in OIRA:
04/24/2024
Terms of Clearance:
In accordance with 5 CFR 1320.11, the information collection is approved for three years.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
07/31/2027
36 Months From Approved
05/31/2026
Responses
5,621
0
5,621
Time Burden (Hours)
27,849
0
27,849
Cost Burden (Dollars)
165,492
0
165,492
Abstract:
The Department of the Interior, acting through BOEM, is finalizing new regulations to modify its criteria for determining whether oil, gas, and sulfur lessees, right-of-use and easement grant holders, and pipeline right-of-way grant holders are required to provide bonds or other financial assurance above the regulatorily prescribed base bonds to ensure compliance with their Outer Continental Shelf Lands Act obligations. This final rule will: streamline the criteria used for evaluating the financial health of lessees and grantees; codify the utilization of the Bureau of Safety and Environmental Enforcement’s probabilistic estimates of decommissioning cost for determining the amount of supplemental financial assurance required; remove restrictive provisions for third-party guarantees and decommissioning accounts; add new criteria for which a bond or third-party guarantee that was provided as supplemental financial assurance may be canceled; and clarify bonding requirements for RUEs serving Federal leases. On June 29, 2023, BOEM published a notice of proposed rulemaking in the Federal Register at 88 FR 42136 which proposed amendments that impact this information collection. BOEM is submitting this information collection clearance package to request OMB approval for revision of OMB control number 1010-0114.
Authorizing Statute(s):
US Code:
43 USC 1331 et seq. + 1801 et seq.
Name of Law: Outer Continental Shelf Lands Act
US Code:
31 USC 9701
Name of Law: Independent Offices Appropriations Act
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
1010-AE14
Final or interim final rulemaking
89 FR 31544
04/24/2024
Federal Register Notices & Comments
30-day Notice:
Federal Register Citation:
Citation Date:
89 FR 31544
04/24/2024
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
11
IC Title
Form No.
Form Name
550.101-199; 125; 140-142 - Special Types of Approval
550.101; 135; 136 - Form BOEM-1832
BOEM-1832
Notification of Incidents of Noncompliance
550.115-116; 119 - Performance Standards
550.123; 160-161; 166 - Right-of-use and Easement
550.135-136 - Compliance
550.135; 136 - Recordkeeping
550.135; 136; 186-191; 193-197; 101-199 Information and Reporting Requirements
550.143-145 - Designation of Operator - Form BOEM-1123
BOEM-1123
Designation of Operator
550.160; 165-166; 123 - Right-of-use and Easement (State Leases)
550.181-185; 194 - Primary Lease Requirements, Lease Term Extensions, and Lease Cancellations
Subpart K 550.1153-1167 - Well Surveys and Reservoirs
BOEM-0127, BOEM-0140
Sensitive Reservoir Information (SRI) Report
,
Bottomhole Pressure Survey Report
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
5,621
5,621
0
0
0
0
Annual Time Burden (Hours)
27,849
27,849
0
0
0
0
Annual Cost Burden (Dollars)
165,492
165,492
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
Annual Cost to Federal Government:
$1,608,299
Does this IC contain surveys, censuses, or employ statistical methods?
No
Does this ICR request any personally identifiable information (see
OMB Circular No. A-130
for an explanation of this term)? Please consult with your agency's privacy program when making this determination.
No
Does this ICR include a form that requires a Privacy Act Statement (see
5 U.S.C. §552a(e)(3)
)? Please consult with your agency's privacy program when making this determination.
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
No
Agency Contact:
Anna Atkinson 202 912-7438 amatkinson@blm.gov
Common Form ICR:
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:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(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;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
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.
Certification Date:
04/24/2024
Something went wrong when downloading this file. If you have any questions, please send an email to risc@gsa.gov.