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The MMS uses the collected information to support the Compliance and Asset Management (CAM) and Financial Management (FM) processes, and to assure that royalties are reported timely and paid appropriately and are based upon correct product valuation. The MMS, as well as other Federal Government, state, and tribal entities, uses the collected information for audit purposes and for evaluation of the reasonableness of product valuation or of allowance claims submitted by lessees. The MMS provides the Bureau of Land Management (BLM) and the Bureau of Indian Affairs (BIA) access to this information. The BLM and BIA use this data to conduct production verification, ensure lease diligence, and monitor plant efficiencies, maximum recovery, and secondary product inventories. The determination of the appropriate product value or allowance rate directly affects the royalties due. Failure to collect such data would prevent the Secretary from accomplishing statutory and trust responsibilities. |
Form #:
MMS- 4430
Agency:
Department of the Interior
Bureau:
Minerals Management Service
Common Name:
Solid Minerals
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TYPE |
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CAPABILITY |
WHAT'S NEEDED |
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Form Only
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0
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372
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[4] Fillable + Fileable
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Adobe Reader
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