⛽Indian Oil and Gas Valuation Information Collection Notice
Agency Information Collection Activities: Indian Oil and Gas Valuation
Summary
In accordance with the Paperwork Reduction Act of 1995 ("PRA"), ONRR is proposing to renew an information collection. Through this Information Collection Request ("ICR"), ONRR seeks renewed authority to collect information for the collection, verification, and disbursement of oil and gas royalties owed to Indian lessors. ONRR uses forms ONRR-4109, ONRR-4110, ONRR-4295, ONRR-4393, ONRR-4410, and ONRR-4411 as part of these information collection requirements.
Agencies
- Interior Department
- Natural Resources Revenue Office
Business Impact
$$$ - High
The text discusses the renewal of an information collection regarding the valuation of Indian oil and gas royalties, which has direct financial implications for businesses involved in these activities. It outlines the reporting requirements that businesses must comply with to ensure correct royalty payments.