30 CFR 218, Subpart A - General Provisions, 218.42 Cross-lease netting in calculation of late-payment interest; Subpart B - Oil and Gas, General, 218.52 How does a lessee designate a .......

ICR 200506-1010-002

OMB: 1010-0107

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
1010-0107 200506-1010-002
Historical Active 200205-1010-002
DOI/BOEM
30 CFR 218, Subpart A - General Provisions, 218.42 Cross-lease netting in calculation of late-payment interest; Subpart B - Oil and Gas, General, 218.52 How does a lessee designate a .......
Revision of a currently approved collection   No
Regular
Approved without change 08/03/2005
Retrieve Notice of Action (NOA) 06/16/2005
  Inventory as of this Action Requested Previously Approved
08/31/2008 08/31/2008 08/31/2005
1,613 0 1,607
1,220 0 1,207
0 0 0

This ICR covers unique and diverse reporting circumstances including designation of designee, cross-lease in calculation of late-payment interest, and tribal permission for recoupment on Indian leases. When a payor makes royalty payments on behalf of a Federal lessee, the Federal Oil and Gas Royalty Simplification and Fairness Act of 1996 requires that the lessee designate the payor as its designee and notify MMS of this arrangement in writing. Current regulations allow cross-lease netting, which provides that an overpayment on a lease may be offset against an underpayment on a different lease to ..........

None
None


No

  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 1,613 1,607 0 7 -1 0
Annual Time Burden (Hours) 1,220 1,207 0 15 -2 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
06/16/2005


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