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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
Oil Federal Current Regulations
Oil Federal Historical Rulemaking
Oil Indian Current Regulations
Oil Indian Historical Rulemaking
Gas Federal Current Regulations
Gas Federal Historical Rulemaking
Gas Indian Current Regulations
Gas Indian Historical Rulemaking
Coal Federal Current Regulations
Coal Indian Current Regulations
Coal Federal & Indian Historical Rulemaking
Other Solid Minerals Federal & Indian Current Regulations
Geothermal Federal & Indian Current Regulations

Valuation Examples

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.

Valuation Examples
2016 Valuation Rule Federal Processed Gas Reporting Example
Percent-of-Proceeds (POP) Contract Reporting Pre-2016 Example
Indian Example: Initial Reporting for Unprocessed Gas in Non-Index Zone (Major Portion) Areas Example
Indian Example: Revised Reporting Using Alternative Dual Accounting for Unprocessed Gas in Non-Index Zone MP Areas Example

Resources and Guidance

Valuation Determinations

Email requests for valuation determinations or guidance to royaltyvaluation@onrr.gov

S&P BBB Bond Rates

To obtain the S&P BBB bond rate to use in your Return on Investment calculation, you may contact:
Standard & Poor's
(877) 772-5436 option 3, 2