DOI - 30 CFR PART 1220
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
active
| Organization: | DOI |
| Publication Date: | 1 July 2020 |
| Status: | active |
| Page Count: | 15 |
scope:
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production of oil and gas from OCS leases.
(b) The procedures established by this part 1220 apply to any OCS lease issued by the Department of the Interior under any bidding system established by § 1260.110(a) of this title which has a net profit share component.
[45 FR 36800, May 30, 1980, as amended at 46 FR 29689, June 2, 1981. Redesignated at 48 FR 1182, Jan. 11, 1983. Amended at 48 FR 35642, Aug. 5, 1983]
Document History
July 1, 2022
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production...
July 1, 2021
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production...
30 CFR PART 1220
July 1, 2020
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production...
July 1, 2019
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production...
July 1, 2018
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production...
July 1, 2017
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production...
July 1, 2016
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production...
July 1, 2015
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production...
July 1, 2014
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope.
(a) This part 1220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production...