View Information Collection Request (ICR) Package

OMB Control No: 1010-0006	ICR Reference No: 202502-1010-003
Status: Active	Previous ICR Reference No: 202310-1010-004
Agency/Subagency: DOI/BOEM	Agency Tracking No:
Title: 30 CFR 550, 556, and 560, Leasing of Sulfur or Oil and Gas in the Outer Continental Shelf
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/21/2025
Retrieve Notice of Action (NOA)	Date Received in OIRA: 02/27/2025
Terms of Clearance: In accordance with 5 CFR 1320, this information collection is approved. This change is consistent with Executive Order 14173, “Ending Illegal Discrimination and Restoring Merit-Based Opportunity.”

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2027	07/31/2027	07/31/2027
Responses	22,090	0	22,090
Time Burden (Hours)	22,012	0	22,012
Cost Burden (Dollars)	766,053	0	766,053

Abstract: This information collection request is related to leasing of sulfur or oil and gas in the Outer Continental Shelf under 30 CFR 550, 556, and 560. On January 21, 2025, President Trump signed Executive Order (EO) 14173, entitled “Ending Illegal Discrimination and Restoring Merit-Based Opportunity.” This EO revokes Executive Order 11246, entitled “Equal Employment Opportunity.” This information collection request is for nonsubstantive updates to forms BOEM-0150, Assignment of Record Title Interest in Federal OCS Oil and Gas Lease and BOEM-0151, Assignment of Operating Rights Interest in Federal OCS Oil and Gas Lease. BOEM is removing the language related to equal opportunity and affirmative action compliance from the forms.

Authorizing Statute(s): US Code: 43 USC 1331 and 1801 Name of Law: OCSLA
   US Code: 31 USC 9701 Name of Law: IOAA
   US Code: 42 USC 6213(C) Name of Law: Energy Policy and Conservation 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

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	22,090	22,090
Annual Time Burden (Hours)	22,012	22,012
Annual Cost Burden (Dollars)	766,053	766,053

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: Overall, this rule results in the following adjustments in hour burden, which leads to an overall increase of 77 annual burden hours: Base Bonds and Supplemental Financial Assurance The hours per response for all respondents (i.e., a lessee, grant holder, a co-lessee, and a co-grant holder) who show financial worth/ability to carry out present and future financial obligations as demonstrated by an issuer credit rating, or a proxy credit rating determined by BOEM based on audited financial information, remains at 3.5 hours as approved by OMB. The number of responses for the provisions related to §§ 550.160, 550.166, 550.1011, and 556.900-902 decreases to 160 respondents from 166 respondents due to program changes. The related existing and new provisions results in a decrease of 21 burden hours from 581 to 560 annual burden hours (3.5 hours x -6 hours = -21 annual burden hours) BOEM adds paragraph (h) to § 556.901 to establish the limited opportunity to provide the required supplemental financial assurance demanded during the first 5 years after the effective date of this regulation in three installments. This provision establishes the timing and amounts of staggered supplemental financial assurance that would be demanded. This increases the number of submissions for the 5 payments required for supplemental financial assurance, but only for the first 5 years after the effective date of this regulation. OMB has approved 135 submissions which take 20 minutes per submission (total existing annual burden hours is 45 hours). BOEM estimates the burden hours to be 135 annual burden hours (405 submissions x 20 minutes), which is an increase of 90 hours over existing OMB approval. (+90 hours). Third-party Guarantees Section 556.905(b)(2) eliminates the requirement that, when a guarantor becomes unqualified, a lessee must cease production, until supplemental financial assurance coverage requirements are met. The regulatory provision is replaced with a requirement to immediately submit and maintain a substitute surety bond or other security. Both the existing and new provisions require the lessee to provide surety bond coverage; however, BOEM’s current OMB Control Number 1010-0006 does not quantify all of the burdens associated with either situation. Therefore, BOEM adds approximately 8 annual burden hours to OMB Control Number 1010-0006 for any lessee whose guarantor became unqualified (+8 hours).

Annual Cost to Federal Government: $2,989,249

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

View ICR - OIRA Conclusion