ONRR’s Common Issues In Industry Audit

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Issue #5 - Gas Valuation within an Index Zone • Failure to use: • Gross proceeds on Indian leases in Index Zone when there is a dedicated contract sale before an index point • Published index zone prices when reporting and paying royalties
Issue #5 - Gas Valuation within an Index Zone How Does ONRR Handle the Issue? • Request copies of contracts how Indian production is sold. • Moving to notices of non-compliance when index zone prices are not used. Prices are published at www.onrr.gov/sic/allzones/htm.
Page 1 and 2: ONRR’s Common Issues In Industry
Page 3 and 4: Issue #1- Entitlements How Does ONR
Page 5 and 6: Issue #1- Entitlements Question for
Page 7 and 8: Issue #2 - Indian Dual Accounting C
Page 9 and 10: Issue #2 - Indian Dual Accounting P
Page 11 and 12: Issue #2 - Indian Dual Accounting I
Page 13 and 14: Issue #3 - Due Diligence How Does O
Page 15 and 16: Issue #3 - Due Diligence Question f
Page 17 and 18: Issue #4 - Audit Contact ONRR has d
Page 19 and 20: Issue #4 - Audit Contact Possible I
Page 21: Industry Response Issue #4 - Audit
Page 25 and 26: Issue #5 - Gas Valuation within an
Page 27 and 28: Issue #6 - Off-lease measurement, c
Page 33 and 34: Issue #7 - Fuel Use How Does ONRR H
Page 35 and 36: Issue #7 - Fuel Use Question for In
Page 37 and 38: Issue #8 - Reporting Codes • Comp
Page 39 and 40: Issue #8 - Reporting Codes Possible
Page 41 and 42: Issue #8- Reporting Codes Industry

ONRR’s Common Issues In Industry Audit

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