Valuation Regulations and Guidance
To Support the ONRR Mission, we provide guidance in accordance with Federal and Indian Valuation Regulations to ONRR employees, state and Tribal partners, and to reporters who need help determining product value.
|Product||Federal/Indian||Links to Regulations & Guidance|
|Coal||Federal & Indian||Historical Rulemaking|
|Other Solid Minerals||Federal & Indian||Current Regulations|
|Geothermal||Federal & Indian||Current Regulations|
Royalty Valuation produced the following examples to assist ONRR stakeholders in correct valuation reporting. More examples are in production and will be made available as completed.
These examples serve as guidance for determining value for royalties and are not an appealable decision or order under 30 CFR Part 1290, Subpart B. If ONRR issues you an order to pay additional royalties or assesses civil penalties under 30 CFR Part 1241 at a later date based on this guidance, your appeal rights will be provided at that time. While this example is not appealable, ONRR may use this guidance in conducting audits and as a basis for demanding additional royalties.
|2016 Valuation Rule Federal Processed Gas Reporting||Example|
Resources and Guidance
- Historical Code of Federal Regulations
- Oil and Gas Payor Handbook, Volume III Product Valuation (published 2001)
- Reporter Letters
- Public Laws About Mineral Royalties
- Historical Oil Rule Public Comments
- Historical Geothermal Rule Information
- Indian Valuation Information
Email requests for valuation determinations or guidance to email@example.com
The eCFR under the "Current Regulations" link has not been updated to include the reinstatement of the 2016 Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Rule. Please see the July 1, 2016 Federal Register notice for the final rule.