§ 1204.204 - What accounting and auditing relief will ONRR not allow?  


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  • § 1204.204 What accounting and auditing relief will ONRR not allow?

    ONRR will not approve your request for accounting and auditing relief under this subpart if your request:

    (a) Prohibits ONRR or the State from conducting any form of audit;

    (b) Permanently relieves you from making future royalty reports or payments;

    (c) Provides for less frequent royalty reports and payments than annually;

    (d) Provides for you to submit royalty reports and payments at separate times;

    (e) Impairs ONRR's ability to properly or efficiently account for or distribute royalties;

    (f) Requests relief for a lease under which the Federal Government takes its royalties in kind;

    (g) Alters production reporting requirements;

    (h) Alters lease operation or safety requirements;

    (i) Conflicts with rent, minimum royalty, or lease requirements; or

    (j) Requests relief for production from a marginal property located in whole or in part in a State that has determined that it will not allow such relief under § 1204.208.