Current through September 30, 2024
Section 1204.204 - What accounting and auditing relief will ONRR not allow?ONRR will not approve your request for accounting and auditing relief under this subpart if your request:
(a) Prohibits ONRR or the State from conducting any form of audit;(b) Permanently relieves you from making future royalty reports or payments;(c) Provides for less frequent royalty reports and payments than annually;(d) Provides for you to submit royalty reports and payments at separate times;(e) Impairs ONRR's ability to properly or efficiently account for or distribute royalties;(f) Requests relief for a lease under which the Federal Government takes its royalties in kind;(g) Alters production reporting requirements;(h) Alters lease operation or safety requirements;(i) Conflicts with rent, minimum royalty, or lease requirements; or(j) Requests relief for production from a marginal property located in whole or in part in a State that has determined that it will not allow such relief under § 1204.208 .