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DOI - 30 CFR PART 220

ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES

active, Most Current
Organization: DOI
Publication Date: 1 July 2010
Status: active
Page Count: 14
scope:

Purpose and scope.

(a) This part 220 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 220 apply to any OCS lease issued by the Department of the Interior under any bidding system established by ยง 260.110(a) of this chapter which has a net profit share component.

Document History

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...
30 CFR PART 220
July 1, 2010
ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
Purpose and scope. (a) This part 220 establishes accounting procedures for determining the net profit share base and calculating net profit share payments due the United States for the production of...
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