Web(1) When you value any gas plant product under § 1206.142(c) of this subpart, you may deduct from the value the reasonable, actual costs of processing. (2) You do not need … WebThe Paperwork Reduction Act of 1995 (PRA) S tatement: The PRA (44 U.S.C. 3501 et seq.) re quires us to inform y ou that we collect this information to corroborate oil and gas production and disposition data with sales and royalty data.
onrrreporting.onrr.gov
WebONRR Release 3.0 ♦ 08/24/2024 Page 3 of 11 Code Disposition Description Products allowed Volume column on OGOR-B OGOR-B Metering Point Gas Plant API (oil/ cond) … Web23 de set. de 2024 · The lessees report these allowances on form ONRR-2014. For oil and gas, regulations establish the allowable limit on transportation allowance deductions at 50 percent of the value of the oil or gas. For gas only, regulations establish the allowable limit on processing allowance deductions at 662/3 percent of the value of each gas plant … lithium ion battery for kayak trolling motor
Appendix I Disposition/Adjustment Codes
Web27 de mai. de 2011 · ONRR could maintain current reporting requirements for processed gas and NGLs but establish a fixed processing allowance. This fixed allowance could be either on a nationwide basis for all Federal gas or on a narrower basis, such as offshore and onshore leases; offshore regions and onshore basins; or gas-plant-specific. WebONRR considers NGLs to be one product. ( c) ( 1) You may not apply the processing allowance against the value of the residue gas. ( 2) The processing allowance deduction … Web1 de out. de 2024 · ONRR published the Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform Rule (“2016 Valuation Rule”) on July 1, 2016 ( 81 FR 43338 ), with an effective date of January 1, 2024. However, Federal and Indian Lessees were not required to report and pay royalties under the 2016 Valuation Rule until February 28, 2024. lithium ion battery for motorcycle