ONRR 2020 Valuation Reform and Civil Penalty Rule: Delay of Effective Date

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: Office of Natural Resources Revenue (“ONRR”), Interior. ACTION: Final rule; delay of effective date. SUMMARY: ONRR is delaying the effective date of the final rule entitled “ONRR 2020 Valuation Reform and Civil Penalty Rule” (“2020 Rule”) from April 16, 2021 to November 1, 2021. The purpose of this second delay is to avoid placing undue regulatory burdens on lessees caused by allowing the 2020 Rule to go into effect while ONRR considers whether it will revise or withdraw some or all of that rule due to apparent defects in that rule. DATES: As of April 16, 2021, the effective date of the rule published on at 86 FR 4612 on January 15, 2021, which was initially delayed at 86 FR 9286 on February 12, 2021, is further delayed until November 1, 2021. Compliance date: With respect to the amendments to 30 CFR part 1206 , published at 86 FR 4612 on January 15, 2021, the May 1, 2021, compliance date is delayed indefinitely at this time, and will be addressed in a future rulemaking issued prior to the 2020 Rule's effective date. FOR FURTHER INFORMATION CONTACT: For questions on procedural issues, contact Dane Templin, Regulations Supervisor, at (303) 231-3149 or ONRR_RegulationsMailbox@onrr.gov . SUPPLEMENTARY INFORMATION: I. Background On January 15, 2021, ONRR published the…