Native News Network Staff in Native Briefs. Discussion »
NEW TOWN, NORTH DAKOTA The Department of the Interior’s Office of Natural Resources Revenue (ONRR) will host a meeting Tuesday, October 29, to solicit comments from individual American Indian mineral owners and Tribal representatives on a recommendation for calculating “major portion pricing” for oil produced on Indian leases.
The October 29 meeting with individual mineral owners is scheduled from 9:00 to 11:30 am at the
New Town Civic Center
103 Soo Place
New Town, North Dakota
The tribal meeting will take place later that day.
ONRR Director Greg Gould encouraged Indian royalty owners to attend the consultation meeting.
"The Department and ONRR value the ideas that Indian mineral owners may have to improve the proposal now being considered. We also want to hear any concerns that royalty owners may have so that we can make the best informed decision possible to protect their royalty interest."
The Department of the Interior and ONRR established an Indian Oil Valuation Negotiated Rulemaking Committee under the Federal Advisory Committee Act (FACA) in late 2011 to advise the Office of Natural Resources Revenue on how to perform the major portion pricing calculation for oil produced from Indian leases. Most Indian leases contain a major portion provision requiring value on the highest price paid for a major portion of production from the field.
In September 2013, the Negotiated Rulemaking Committee reached agreement on a recommendation for implementing major portion pricing for oil produced from Indian leases. The recommendation applies to oil produced on both Tribal lands and allotted lands.
Consistent with its Tribal Consultation Policy, ONRR scheduled the October 29 consultation in New Town to explain the Committee’s recommendation and solicit comments from individual Indian mineral owners and tribal representatives, which will be considered before proposed draft regulations are written and published in the Federal Register.
Additional consultation meetings are also planned for tribal representatives and allotted land owners in other areas of the country.
Indian mineral owners are invited to attend the meeting regardless of where their allotment is located.
For those unable to attend the October 29 meeting, they may submit comments to the ONRR Trust Liaison Officer at firstname.lastname@example.org. Alternatively, Indian mineral owners may offer comments once ONRR publishes a proposed rule in the Federal Register.
posted October 25, 2013 6:30 am edt