![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 30 - Mineral Resources |
![]() |
Chapter XII - Office of Natural Resources Revenue, Department of the Interior |
![]() |
SubChapter A - Natural Resources Revenue |
![]() |
Part 1206 - Product Valuation |
![]() |
Subpart D - Federal Gas |
§ 1206.162 - What are my reporting requirements under an arm's-length processing contract?
Latest version.
-
§ 1206.162 What are my reporting requirements under an arm's-length processing contract?
(a) You must use a separate entry on form ONRR-2014 to notify ONRR of an allowance based on arm's-length processing costs that you or your affiliate incur(s).
(b) ONRR may require you or your affiliate to submit arm's-length processing contracts, production agreements, operating agreements, and related documents.
(c) You can find recordkeeping requirements in parts 1207 and 1212 of this chapter.