Comments on the ANPRM Oil and Gas Leasing; Royalty on Production, Rental Payments, Minimum Acceptable Bids, Bonding Requirements, and Civil Penalty Assessments (June 19, 2015)
API Comments to Neil Kornze, Director, Bureau of Land Management (BLM) regarding the ANPRM Oil and Gas Leasing; Royalty on Production, Rental Payments, Minimum Acceptable Bids, Bonding Requirements, and Civil Penalty Assessments, 80 Fed. Reg. 22148.
On April 21, 2015, the Bureau of Land Management (“BLM”) issued an Advanced Notice of Proposed Rulemaking (“ANPR”) seeking comments and suggestions that may be used to update the BLM’s regulations related to royalty rates, annual rental payments, minimum acceptable bids, bonding requirements and civil penalty assessments for Federal onshore oil and gas leases. Although the American Petroleum Institute (“API”) appreciates this opportunity to submit comments on these topics given the scope of comments sought, API’s comments will be less detailed than they might otherwise have been given the short time period allowed for comment.
See complete comments below:
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