30 C.F.R. § 1206.144

Current through November 30, 2024
Section 1206.144 - How will ONRR determine the value of my gas for royalty purposes?

If ONRR decides to value your gas, residue gas, or gas plant products for royalty purposes under § 1206.143 , or any other provision in this subpart, then ONRR will determine the value, for royalty purposes, by considering any information that we deem relevant, which may include, but is not limited to:

(a) The value of like-quality gas in the same field or nearby fields or areas.
(b) The value of like-quality residue gas or gas plant products from the same plant or area.
(c) Public sources of price or market information that ONRR deems to be reliable.
(d) Information available or reported to ONRR, including, but not limited to, on form ONRR-2014 and form ONRR-4054.
(e) Costs of transportation or processing if ONRR determines that they are applicable.
(f) Any information that ONRR deems relevant regarding the particular lease operation or the salability of the gas.

30 C.F.R. §1206.144

81 FR 43380 , 1/1/2017; 85 FR 62030 , 10/1/2020; 86 FR 4656 , 1/15/2021; Eff. date of amendment published at 86 FR 4652 delayed to 11/1/2021.