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Regulatory Compliance, Financial Impact 17 Jan 2025 compliance, bureau of land management, government contracts, administrative practice and procedure, reporting and recordkeeping requirements, inflation adjustment, penalties, oil and gas, civil penalties, public lands, indians-lands, mineral royalties, public lands-mineral resources, oil and gas exploration, coal trespass

⚖️Civil Penalties Inflation Adjustments for Oil and Gas Operations

This final rule adjusts the amounts of civil monetary penalties contained in the Bureau of Land Management's (BLM) regulations governing onshore oil and gas operations and coal trespass. This final rule is required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 and is consistent with applicable Office of Management and Budget (OMB) guidance. The adjustments made by this final rule constitute the 2025 annual inflation adjustments and account for one year of inflation spanning the period from October 2023 through October 2024.

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Regulatory Compliance, Financial Impact 10 Jan 2025 federal regulations, administrative practice and procedure, business compliance, natural gas, civil monetary penalties, penalties, oil and gas, inflation adjustments, indians-lands, geothermal energy, mineral royalties, public lands-mineral resources, oil and gas exploration, coal

💵2025 CMP Inflation Adjustments

Pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (referred to herein as the "Inflation Adjustment Acts"), and Office of Management and Budget ("OMB") guidance, ONRR is adjusting for inflation the civil monetary penalty ("CMP") amounts it assesses under the Federal Oil and Gas Royalty Management Act of 1982 ("FOGRMA").

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