U.S. Flag An official website of the United States government

Government Building Icon

The .gov means it's official.

Federal government websites always use a .gov or .mil domain. Before sharing sensitive information online, make sure you're on a .gov or .mil site by inspecting your browser's address (or "location") bar.

Lock Icon

It's Secure.

This site is protected by a Secure Sockets Layer (SSL) Certificate authorized through the United States Government. The https:// means all transmitted data is encrypted - in other words, any information or browsing history that you provide is transmitted securely.

Office of Natural Resources Revenue U.S. Department of the Interior

Follow Us:

Regulation Identifier Number 1012-AA21

Federal Oil & Gas and Federal & Indian Coal Valuation

30 CFR Parts 1202 and 1206

Abstract: The Office of Natural Resources Revenue (ONRR) requests comments and suggestions from affected parties and the interested public on whether revisions to the regulations governing the valuation, for royalty purposes, of oil and gas produced from Federal onshore and offshore leases and coal produced from Federal and Indian leases, are needed and, if so, what specific revisions should be considered. On July 1, 2016, ONRR published a final rule, Consolidated Federal Oil and Gas and Federal and Indian Coal Valuation Reform (2017 Valuation Rule). ONRR subsequently stayed the effective date of that rule pending resolution of litigation. As a result of the stay, the regulations in effect prior to January 1, 2017 (‘‘pre-existing regulations’’) remain in effect. In a separate notice, ONRR is seeking comments on a proposed rule to repeal the 2017 Valuation Rule to maintain the status quo in which the pre-existing regulations remain in effect while ONRR reconsiders whether changes made by the 2017 Valuation Rule are needed or appropriate.

Proposed Rule (PR)

Rules

Advance Notice of Proposed Rulemaking: (82 FR 16325 -- April 4, 2017)

ANPRM Comment Period Ends: May 4, 2017

Public Comments Received

Information Collection Requests (ICRs)