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§1206.144. How will ONRR determine the value of my gas for royalty purposes?

30 C.F.R. § 1206.144

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.
Notes, amendments, and revision history

Source

Source: 85 FR 62030, 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.