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| DOI/BLM | RIN: 1004-AE04 | Publication ID: Spring 2011 |
| Title: Reduction of Royalty on Stripper Wells and Heavy Oil | |
| Abstract: The Bureau of Land Management is removing its regulations that have reduced royalty rates as an incentive for production from oil stripper wells and wells producing heavy oil. High oil prices now provide sufficient incentive to develop these resources. | |
| Agency: Department of the Interior(DOI) | Priority: Substantive, Nonsignificant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 43 CFR 3103.4-2 43 CFR 3103.4-3 | |
| Legal Authority: 43 USC 1701 et seq | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
| Related Agencies: Common: DOI/BOEM; | |
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Agency Contact: Rudy Baier Petroleum Engineer, Minerals and Realty Management Department of the Interior Bureau of Land Management Room 2134 LM, 20 M Street, SE, Washington, DC 20003 Phone:202 912-7146 Fax:202 452-0386 Email: rudy_baier@blm.gov |
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