Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform

Summary

The Office of Natural Resources Reclamation (ONRR) is updating its regulations to standardize the valuation of oil and gas from Federal leases and coal from Federal and Indian leases for royalty purposes. This change also consolidates definitions for oil, gas, and coal product valuation into a single subpart.

Original source language: Federal Register — Interior DepartmentOpen original release →

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