ONRR 2020 Valuation Reform and Civil Penalty Rule

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Interior Office of Natural Resources Revenue 30 CFR Parts 1206 and 1241 [Docket No. ONRR-2020-0001; DS63644000 DRT000000.CH7000 212D1113RT] RIN 1012-AA27 AGENCY: Department of the Interior, Office of the Secretary, Office of Natural Resources Revenue. ACTION: Final rule. SUMMARY: The Office of Natural Resources Revenue (“ONRR”) is amending certain regulations on how it values oil and gas produced from Federal leases for royalty purposes, values coal produced from Federal and Indian leases for royalty purposes, and assesses civil penalties for violations of certain statutes, regulations, leases, and orders associated with mineral leases. In addition, it is making some minor, non-substantive corrections to its regulations. DATES: Effective date: This rule is effective February 16, 2021. Compliance date: With respect to the amendments to 30 CFR part 1206 only, compliance is required for production that occurs on or after May 1, 2021. Compliance with the amendments to 30 CFR part 1241 is required on the effective date. FOR FURTHER INFORMATION CONTACT: For questions on procedural issues, contact Dane Templin, Regulations Supervisor, at (303) 231-3149 or Dane.Templin@onrr.gov . For questions on technical issues related to royalty valuation, contact Amy Lunt, Supervisor Royalty Valuation Team A, at (303) 231-3746 or Amy.Lunt@onrr.gov , or Peter Christnacht, Supervisor Royalty Valuation Team B, at (303) 231-3651 or Peter.Christnacht@onrr.gov . For questi…