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2007 - MRM Final Rule |
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OMB Control Number 1010-AD32 |
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Geothermal Valuation |
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Abstract:
The
Minerals Management Service (MMS) is publishing new regulations
to implement the provisions
of the Energy Policy Act of 2005 (EPAct) governing the payment
of royalty on geothermal resources produced from Federal
leases and the payment of direct use fees in lieu of
royalties. The EPAct provisions amend the Geothermal Steam Act
of 1970 (GSA). The new regulations amend the current MMS
geothermal royalty valuation regulations and simplify the
royalty calculations for geothermal resources for leases
issued under the EPAct and leases whose terms are modified
under the EPAct. The new regulations also amend various
related provisions in the MMS rules. |
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Related
Federal Register Notices: |
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CFR
Citation:
30 CFR Parts 202, 206,
210, 217, and 218
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Notice of Proposed Rulemaking
(NPR) Comment Period Ends: 09/19/06
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Prior
Federal Register Notices: |
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are in Adobe
Acrobat's .pdf (portable document file format).