Valuation Regulations and Guidance
Executive Order 13891,
"Promoting the Rule of Law Through Improved Agency Guidance Documents" directs all Federal agencies to ensure their guidance documents clarify only existing obligations that significantly affect the public, and do not create binding requirements outside of those developed through activities regulated by the
Administrative Procedure Act.
Please see RIN 1093-AA27, "Procedures for Issuing Guidance Documents" for Department of the Interior's interim final rule implementing Executive Order 13891.
Note on ONRR 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|
|Coal||Federal & Indian||Historical Rulemaking|
|Other Solid Minerals||Federal & Indian||Current Regulations|
|Geothermal||Federal & Indian||Current Regulations|
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.
|2016 Valuation Rule Federal Processed Gas Reporting||Example|
|Percent-of-Proceeds (POP) Contract Reporting Pre-2016||Example|
Resources and Guidance
Email requests for valuation determinations or guidance to firstname.lastname@example.org