OFFICE OF NATURAL RESOURCES REVENUE REPORTING
Office of Natural Resources Revenue (ONRR) was previously the Minerals Management Service (MMS) until October 1, 2010. The ONRR is responsible for the management of revenues associated with federal offshore and federal and American Indian onshore mineral leases, as well as revenues received as a result of onshore and offshore renewable energy efforts. Once a unit containing Bureau of Land Management or Bureau of Indian Affairs minerals is producing, the operator is required to file monthly production and revenue reports to Office of Natural Resource Revenue. Our staff is able to prepare and file monthly OGOR production reports and 2014 revenue reports for all your BLM and BIA wells.
It is easy for operators to fall behind or become overwhelmed by monthly reporting requirements. Our staff works closely with ONRR to keep operators in compliance, avoiding penalties and shut-ins. We can consult with ONRR and compliance plan for operators who are out of compliance.
Unbundling and The Market Condition Rule - The BLM lessee must place gas in marketable condition at no cost to the Federal Government. 30 C.F.R. Sec. 1206.152(i) (federal gas) and 1206.147(h) (Indian gas). Reagan Smith is specialized in unbundling efforts for gas plants and transportation systems. Our services include identifying and determining marketable condition, data collection, calculating and applying unbundling cost allocation.
Changes to the Onshore Orders and 43 CFR 3173, require operators of BLM and BIA wells to apply for Facility Measurement Point. Our staff assists clients in identifying Facility Measurement Points, preparing Site Security Diagrams, applying for Facility Measurement Point.