§1206.103. What publications does ONRR approve?
30 C.F.R. § 1206.103
ONRR will periodically publish on www.onrr.gov a list of ONRR-approved publications for the NYMEX price and ANS spot price based on certain criteria including, but not limited to:
Publications buyers and sellers frequently use.
Publications frequently mentioned in purchase or sales contracts.
Publications that use adequate survey techniques, including development of estimates based on daily surveys of buyers and sellers of crude oil, and, for ANS spot prices, buyers and sellers of ANS crude oil.
Publications independent from ONRR, other lessors, and lessees.
Any publication may petition ONRR to be added to the list of acceptable publications.
ONRR will specify the tables that you must use in the acceptable publications.
ONRR may revoke its approval of a particular publication if we determine that the prices or differentials published in the publication do not accurately represent NYMEX prices or differentials or ANS spot market prices or differentials.
Notes, amendments, and revision history
Source
Source: 85 FR 62023, Oct. 1, 2020, unless otherwise noted.
Authority
Authority: 5 U.S.C. 301 et seq., 25 U.S.C. 396, 396a et seq., 398, 398a et seq., 2101 et seq.; 30 U.S.C. 181 et seq., 351 et seq., 1001 et seq., 1701 et seq.; 43 U.S.C. 1301 et seq., 1331 et seq., and 1801 et seq.
Source
Source: 48 FR 35641, Aug. 5, 1983, unless otherwise noted. Redesignated at 75 FR 61069, Oct. 4, 2010.