Federal Register / Vol. 76, No. 58 / Friday, March 25, 2011 / Notices 16813 

case, BLM believes that it is good public 

policy to promote the assemblage of the 

public land with adjoining private land, 

because that is the highest and best use 

of the public land and because it is 

equitable to provide each adjoining 

landowner an opportunity to purchase 

the public land. There are three 

landowners adjoining the public land; 

Mr. and Mrs. David Billingsley, 

Midpeninsula Regional Open Space 

District, and American Tower. The BLM 

has completed a mineral potential 

report which concluded there are no 

known mineral values in the land 

proposed for sale. The proposed sale 

would include the conveyance of both 

the surface and mineral interests of the 

United States. 

On March 25, 2011, the above 

described land will be segregated from 

appropriation under the public land 

laws, including the mining laws, except 

for the sale provisions of the FLPMA. 

Until completion of the sale, the BLM 

will no longer accept land use 

applications affecting the identified 

public lands, except applications for the 

amendment of previously filed right-ofway applications or existing 

authorizations to increase the term of 

the grants in accordance with 43 CFR 

2802.15 and 2886.15. The segregation 

will terminate upon issuance of a 

patent, publication in the Federal 

Register of a termination of the 

segregation, or on March 25, 2013, 

unless extended by the BLM State 

Director in accordance with 43 CFR 

2711.1–2(d) prior to the termination 

date. The land would not be sold until 

at least May 24, 2011. Any conveyance 

document issued would contain the 

following terms, conditions, and 

reservations: 

1. A reservation of a right-of-way to 

the United States for ditches and canals 

constructed by authority of the United 

States under the Act of August 30, 1890 

(43 U.S.C 945); 

2. A condition that the conveyance be 

subject to all valid existing rights of 

record; 

3. An appropriate indemnification 

clause protecting the United States from 

claims arising out of the patentee’s use, 

occupancy, or operations on the 

patented lands; 

4. Additional terms and conditions 

that the authorized officer deems 

appropriate. Detailed information 

concerning the proposed land sale 

including the appraisal, planning and 

environmental documents, and a 

mineral report are available for review 

at the location identified in ADDRESSES

above. The BLM will send the adjoining 

landowners of record an Invitation for 

Bids (IFB). Adjoining landowners must 

follow the instructions in the IFB to 

participate in the bidding process. 

Sealed bids must be for not less than the 

federally approved fair market value of 

$41,000. Each sealed bid must include 

a certified check, money order, bank 

draft, or cashier’s check made payable 

in U.S. dollars to the Bureau of Land 

Management, for 10 percent of the 

amount of the bid. A bid to purchase the 

land will constitute an application for 

conveyance of the Federal mineral 

interest, and in conjunction with the 

final payment, the purchaser will be 

required to pay a $50 nonrefundable 

filing fee for the conveyance of the 

mineral interests. If more than one 

sealed bid is submitted for the same 

high bid amount, the high bidders will 

be notified and allowed to submit 

additional sealed bids. The highest 

qualifying bid will be declared the high 

bid and the high bidder will receive 

written notice. The BLM will return 

checks submitted by unsuccessful 

bidders by U.S. mail or in person on the 

day of the sale. The successful bidder 

must submit the remainder of the full 

bid price prior to the expiration of 180 

days from the date of the sale, in the 

form of a certified check, money order, 

bank draft, or cashier’s check made 

payable in U.S. dollars to the Bureau of 

Land Management. Personal checks will 

not be accepted. Failure to submit the 

full bid price prior to, but not including 

the 180th day following the day of the 

sale will disqualify the apparent high 

bidder and cause the entire bid deposit 

to be forfeited to the BLM. No 

exceptions will be made. The BLM may 

accept or reject any or all offers, or 

withdraw the land from sale, if, in the 

opinion of the BLM authorized officer, 

consummation of the sale would not be 

fully consistent with the FLPMA or 

other applicable law or is determined to 

not be in the public interest. Under 

Federal law, the public lands may only 

be conveyed to U.S. citizens 18 years of 

age or older; a corporation subject to the 

laws of any State of the United States; 

a State, State instrumentality, or 

political subdivision authorized to hold 

property, or an entity legally capable of 

conveying and holding lands under the 

laws of the State of California. If not 

sold, the land described in this Notice 

may be identified for sale later without 

further legal notice and may be offered 

for sale by sealed bid, internet auction, 

or oral auction. In order to determine 

the value, through appraisal, of the land 

proposed to be sold, certain 

extraordinary assumptions may have 

been made of the attributes and 

limitations of the lands and potential 

effects of local regulations and policies 

on potential future land uses. Through 

publication of this Notice, the BLM 

gives notice that these assumptions may 

not be endorsed or approved by units of 

local government. It is the buyer’s 

responsibility to be aware of all 

applicable local government policies, 

laws, and regulations that would affect 

the subject lands, including any 

required dedication of lands for public 

uses. It is also the buyer’s responsibility 

to be aware of existing or projected uses 

of nearby properties. When conveyed 

out of Federal ownership, the lands will 

be subject to any applicable reviews and 

approvals by the respective unit of local 

government for proposed future uses, 

and any such reviews and approvals 

will be the responsibility of the buyer. 

Public Comments regarding the 

proposed sale may be submitted in 

writing to the attention of the BLM 

Hollister Field Manager (see ADDRESSES

above) on or before, May 9, 2011. 

Comments received in electronic form, 

such as e-mail or facsimile, will not be 

considered. Any adverse comments 

regarding the proposed sale will be 

reviewed by the BLM State Director or 

other authorized official of the 

Department of the Interior, who may 

sustain, vacate, or modify this realty 

action in whole or in part. In the 

absence of timely filed objections, this 

realty action will become the final 

determination of the Department of the 

Interior. 

Before including your address, phone 

number, e-mail address, or other 

personal identifying information in your 

comment, be advised that your entire 

comment—including your personal 

identifying information—may be made 

publicly available at any time. While 

you can ask us in your comment to 

withhold from public review your 

personal identifying information, we 

cannot guarantee that we will be able to 

do so. 

Authority: 43 CFR 2711.1–2(a) and (c). 

Karla Norris, 

Associate Deputy State Director, Natural 

Resources. 

[FR Doc. 2011–7001 Filed 3–24–11; 8:45 am] 

BILLING CODE 4310–40–P 

DEPARTMENT OF THE INTERIOR 

National Park Service 

[2256–672] 

Proposed Information Collection; OMB 

Control Number 1024–0038 

AGENCY: National Park Service, Interior. 

ACTION: Notice, request for comments. 


erowe on DSK5CLS3C1PROD with NOTICES
16814 Federal Register / Vol. 76, No. 58 / Friday, March 25, 2011 / Notices 

SUMMARY: We (National Park Service) 

will ask the Office of Management and 

Budget (OMB) to approve the 

information collection (IC) described 

below. As required by the Paperwork 

Reduction Act of 1995 (44 U.S.C. 3507 

et seq.) and 5 CFR part 1320, Reporting 

and Record Keeping Requirements, and 

as part of our continuing efforts to 

reduce paperwork and respondent 

burden, we invite the general public and 

other Federal agencies to take this 

opportunity to comment on this 

information collection. This IC is 

scheduled to expire on May 31, 2011. 

We may not conduct or sponsor, and a 

person is not required to respond to, a 

collection of information unless it 

displays a currently valid OMB control 

number. 

DATES: To ensure we are able to 

consider your comments on this IC, we 

must receive them by May 24, 2011. 

ADDRESSES: Send your comments on the 

IC to: John W. Renaud, Project 

Coordinator, Historic Preservation 

Grants, Heritage Assistance Programs, 

NPS, 1849 C St., NW., Mailstop 2256, 

Washington, DC 20240; via fax at 202/ 

371–1961, or via e-mail to 

John_Renaud@nps.gov. Please send a 

copy of your comments to Rob Gordon, 

Information Collection Clearance 

Officer, NPS, 1849 C Street, NW., 

Mailstop 2605, Washington, DC 20240, 

or via e-mail at Robert_Gordon@nps.gov. 

FOR FURTHER INFORMATION CONTACT: John 

W. Renaud by mail or e-mail (see 

ADDRESSES) or by telephone at 202/354– 

2066. 

SUPPLEMENTARY INFORMATION: 

I. Abstract 

II. This set of information collections 

has an impact on State, tribal, and local 

governments that wish to participate 

formally in the National Historic 

Preservation Partnership (NHPP) 

Program, and State and tribal 

governments that wish to apply for 

Historic Preservation Fund (HPF) grants. 

The NPS uses the information collection 

to ensure compliance with the National 

Historic Preservation Act, as amended 

(16 U.S.C. 470 et seq.), as well as 

government-wide grant requirements 

OBM has issued and the Department of 

the Interior implements through 43 CFR 

part 12. This information collection also 

produces performance data NPS uses to 

assess its progress in meeting goals set 

in Departmental and NPS strategic plans 

created pursuant to the 1993 

Government Performance and Results 

Act, as amended. This request for OMB 

approval includes local government 

burden for information collections 

associated with various aspects of the 

Certified Local Government (CLG) 

program; State government burden for 

information collections related to the 

CLG program; the program-specific 

aspects of HPF grants to States, 

maintenance of a State inventory of 

historic and prehistoric properties, 

tracking State Historic Preservation 

Office historic preservation consultation 

with Federal agencies, reporting on 

other State historic preservation 

accomplishments, and the State role in 

the State program review process; and 

tribal government burden for 

information collections related to the 

program-specific aspects of HPF grants 

to Tribal Historic Preservation Officers/ 

Offices (THPOs). 

This request includes information 

collections related to HPF grants to 

states and to THPOs. Section 101(b) of 

the National Historic Preservation Act, 

as amended, (16 U.S.C. 470a(b)), 

specifies the role of States in the NHPP 

Program. Section101(c), and section 301 

of the Act (16 U.S.C. section 103(c), 

470a(c), 16 U.S.C. 470c(c), and 16 U.S.C. 

470w), specify the role of local 

governments in the NHPP program. 

Section 101(d) of the Act (16 U.S.C. 

470a(d)) specifies the role of tribes in 

the NHPP Program. Section108 of the 

Act (16 U.S.C. 470h) created the HPF to 

support activities that carryout the 

purposes of the Act. Section 101(e)(1) of 

the Act (16 U.S.C. 470a(e)) directs the 

Secretary of the Interior through the 

NPS to ‘‘administer a program of 

matching grants to the states for the 

purposes of carrying out’’ the Act. 

Similarly, sections 101(d) and 101(e) of 

the Act direct a program of grants to 

THPOs for carrying out their 

responsibilities under the Act. Each year 

Congress directs the NPS to use part of 

the annual appropriation from the HPF 

for the State grant program and the 

tribal grant program. The purpose of 

both the HPF State grants program and 

the HPF THPO grants program is to 

assist states and tribes in carrying out 

their statutory role in the national 

historic preservation program. HPF 

grants to states and THPOs are program 

grants; i.e., each State/THPO selects its 

own HPF-eligible activities and projects. 

Each HPF grant to a State/THPO has two 

years of fund availability. At the end of 

the first year, NPS employs a ‘‘Use or 

Lose’’ policy to ensure efficient and 

effective use of the grant funds. All 59 

states, territories, and the District of 

Columbia participate in the NHPP 

Program. Almost 1,600 local 

governments have become Certified 

Local Governments (CLGs) in order to 

participate in the NHPP program. 

Approximately 54 local governments 

become CLGs each year. Fifty-seven 

Federally-recognized tribes have 

formally joined the NHPP and have 

established THPOs and tribal historic 

preservation offices. Typically, each 

year five to seven tribes join the 

partnership. The NPS developed the 

information collections associated with 

36 CFR part 61 in consultation with 

State, tribal, and local government 

partners. The obligation to respond is 

required to provide information to 

evaluate whether or not State 

governments meet minimum standards 

and requirements for participation in 

the National Historic Preservation 

Program; and to meet government-wide 

requirements for Federal grant 

programs. 

III. Data 

OMB Control Number: 1024–0038. 

Title: Procedures for State, Tribal, and 

Local Government Historic Preservation 

Programs; 36 CFR 61. 

Service Form Number: None. 

Type of Request: Extension of a 

currently approved collection. 

Description of Respondents: State, 

tribal, and local governments that wish 

to participate formally in the National 

Historic Preservation Program and who 

wish to apply for Historic Preservation 

Fund grant assistance. 

Respondent’s Obligation: Required to 

obtain or retain a benefit. 

Frequency of Collection: Annually. 

Activities, Number of Respondents 

and Responses, Completion Times, and 

Annual Burden Hour Estimates: The net 

number of partners participating in this 

set of information collections annually 

is 59 states, 57 Tribes, and 1,554 CLGs. 

Estimated average number of 

responses annually: 34,539 (grant and 

non-grant). This is the gross number of 

responses for all of the elements 

included in this set of information 

collections. 

Estimated average number of State 

HPF grant-related applicant responses: 

118 per year. 

Estimated average gross number of 

State HPF grant-related grantee 

responses: 400 per year. 

Estimated average gross number of 

State HPF grant-related responses for 

successful Applicants/Grantees: 518 per 

year. 

Estimated average number of THPO 

HPF grant-related Applicant responses: 

57 per year. 

Estimated average gross number of 

THPO HPF grant-related grantee 

responses: 171 per year. 

Estimated average gross number of 

THPO HPF application plus grant 

related responses: 228 per year. 


erowe on DSK5CLS3C1PROD with NOTICES
Federal Register / Vol. 76, No. 58 / Friday, March 25, 2011 / Notices 16815 

Estimated average number of State 

and local CLG program related 

responses per State/CLG: 42 per year. 

Estimated average gross number State 

and local CLG program related 

responses for all States/CLGs: 2,897 per 

year. 

Estimated average minimum number 

of State inventory responses per State: 

78 per year. 

Estimated average gross minimum 

number of State inventory responses for 

all States: 4,602 per year. 

Estimated average minimum number 

of State consultation on Federal projects 

responses per State: 445 per year. 

Estimated average gross minimum 

number of State consultation of Federal 

projects responses for all States: 26,255 

per year. 

Estimated average number of other 

State performance reports per State: 1 

per year. 

Estimated average gross number of 

other State performance reports for all 

States: 25 per year. 

Estimated average minimum number 

of State Program Reviews per State: 1 

per year. 

Estimated average gross minimum 

number of State Program Reviews for all 

States: 14 per year. 

Estimated average gross number of 

responses for all non-grant collections: 

33,793 per year. 

The frequency of response varies 

depending upon the activity. In the CLG 

program, States and local governments 

participate once for the certification 

process, once per year for the 

monitoring of each CLG, once every four 

years for the evaluation of each CLG, 

and once a year on a voluntary basis for 

other performance reporting. Each State 

adds property records to its inventory 

and tracks the progress of consultation 

with Federal agencies as the information 

becomes available. Each State reports 

once a year on a voluntary basis for 

other performance reporting. The 

National Historic Preservation Act 

requires each State undergo a Program 

Review every four years. For the 

program-specific aspects of the HPF 

grants to States program, the estimated 

number of responses includes a 

‘‘Cumulative Products Table’’ of 

projected performance in summary 

format, an ‘‘Organization Chart’’ showing 

the availability of appropriately 

qualified staff, and a (major) 

‘‘Anticipated Activities List.’’ During the 

grant cycle, grantees seek NPS approval 

once for a sub grant (via a project 

notification) and associated final project 

report. Each year, every State submits an 

‘‘End of Year Report’’ that includes the 

Cumulative Products Table (which 

compares actual to proposed 

performance), a ‘‘Sources of Nonfederal 

Matching Share Report,’’ a ‘‘Project/ 

Activity Database Report,’’ an 

‘‘Unexpended Carryover Funds Table 

and Carryover Statement,’’ and a 

‘‘Significant Preservation 

Accomplishments Summary.’’ For the 

program-specific aspects of the HPF 

grants to THPOs program, the estimated 

number of responses includes a grant 

application scope of work, a ‘‘Grants 

Product Summary Table,’’ an 

unexpended funds carry-over statement, 

and a ‘‘THPO Annual Report’’ (a 

narrative summary of important 

accomplishments). 

Estimated average time burden per 

respondent: The NPS estimates that the 

total public (State plus local) burden for 

the Certified Local Government (CLG) 

program averages 36 hours per CLG for 

the certification, monitoring, and 

evaluation of each CLG, and 45 minutes 

for reporting of other CLG 

accomplishments. The NPS estimates 

that the total public (State) burden 

averages10 minutes per Federal agency 

project tracked, 45 minutes per 

inventory record, 2 hours per reporting 

on other State accomplishments, and 90 

hours per State Program Review. The 

NPS estimates the total public burden 

for collection not directly tied to grants 

is 129 hours per respondent. NPS 

estimates that the public burden for the 

HPF-supported State grant program 

collections of information will 

average11 hours per application and 19 

hours per grant per year for all of the 

grant related collections. The combined 

total public burden for the HPF State 

grant program-related information 

collections would average 31 hours per 

successful applicant/grantee. NPS 

estimates that the public burden for the 

HPF supported THPO grant program 

collections of information will average 7 

hours per application and 14 hours per 

grant per year for all of the grant-related 

collections. The combined total public 

burden for the HPF THPO grant 

program-related information collections 

would average 21 hours per successful 

applicant/grantee. These burden 

estimates are a one-year average for the 

two-year grants. The combined total 

public burden for the 36 CFR Part 61- 

related information collections would 

average 182 hours per partner. These 

estimates of burden include time for 

reviewing instructions, searching 

existing data sources, gathering and 

maintaining the data needed, and 

reviewing the collection of information. 

Estimated average time burden hours 

per State HPF grant-related applicant 

response: 11 hours. 

Estimated average burden hours per 

State HPF grant-related Grantee 

response: 20 hours. 

Estimated total annual average 

burden hours per State HPF grant 

related respondent: 31 hours. 

Estimated total annual average 

burden hours for all State HPF grant 

related responses: 1,568 hours. 

Estimated average burden hours per 

THPO HPF grant-related Applicant 

response: 7 hours. 

Estimated average burden hours per 

THPO HPF grant-related Grantee 

response: 14 hours. 

Estimated average annual burden 

hours per THPO HPF grant-related 

Applicant/Grantee for all responses: 21 

hours. 

Estimated total annual average 

burden hours for all THPO HPF grant 

related respondents: 1,217 hours. 

Estimated average burden hours in 

the CLG program per response: 50 

minutes. 

Estimated average burden hours in 

the State inventory program per 

response: 40 minutes. 

Estimated average burden hours in 

the Federal agency consultation 

tracking program per response: 10 

minutes. 

Estimated average burden hours in 

other performance reporting per 

response: 2 hours. 

Estimated average burden hours in 

the State Program Review program per 

response: 90 hours. 

Estimated average annual burden 

hours per partner for all non grant 

related responses: 432 hours. 

Estimated annual burden on all 

respondents for all non grant related 

responses: 33,565 hours. 

Estimated total annual reporting 

burden: 36,351 hours per year. 

Estimated Annual Nonhour Burden 

Cost: None. 

IV. Comments 

We invite comments concerning this 

information collection on: 

• Whether or not the collection of 

information is necessary, including 

whether or not the information will 

have practical utility; 

• The accuracy of our estimate of the 

burden for this collection of 

information; 

• Ways to enhance the quality, utility, 

and clarity of the information to be 

collected; and 

• Ways to minimize the burden of the 

collection of information on 

respondents. 

Comments that you submit in 

response to this notice are a matter of 

public record. We will include or 

summarize each comment in our request 


erowe on DSK5CLS3C1PROD with NOTICES
16816 Federal Register / Vol. 76, No. 58 / Friday, March 25, 2011 / Notices 

to OMB to approve this IC. Before 

including your address, phone number, 

e-mail address, or other personal 

identifying information in your 

comment, you should be aware that 

your entire comment, including your 

personal identifying information, may 

be made publicly available at any time. 

While you can ask us in your comment 

to withhold your personal identifying 

information from public review, we 

cannot guarantee that we will be able to 

do so. 

Dated: March 22, 2011. 

Robert Gordon, 

Information Collection Clearance Officer, 

National Park Service. 

[FR Doc. 2011–7112 Filed 3–24–11; 8:45 am] 

BILLING CODE P 

DEPARTMENT OF THE INTERIOR 

Office of Natural Resources Revenue 

[Docket No. ONRR–2011–0006] 

Agency Information Collection 

Activities: Proposed Collection, 

Comment Request 

AGENCY: Office of Natural Resources 

Revenue (ONRR), Interior. 

ACTION: Notice of a revision of a 

currently approved information 

collection (OMB Control Number 1012– 

0009, formerly 1010–0073). 

SUMMARY: To comply with the 

Paperwork Reduction Act of 1995 

(PRA), we are inviting comments on a 

collection of information that we will 

submit to the Office of Management and 

Budget (OMB) for review and approval. 

This information collection request 

(ICR) was formerly approved under 

OMB Control Number 1010–0073. After 

the Secretary of the Interior established 

ONRR (the former Minerals Revenue 

Management, a program under the 

Minerals Management Service) on 

October 1, 2010, OMB approved a new 

series number for ONRR and 

renumbered our ICRs. Also, effective 

October 1, 2010, ONRR reorganized and 

transferred their regulations from 

chapter II to chapter XII in title 30 of the 

Code of Federal Regulations (CFR), 

resulting in a change in our citations. 

This ICR covers the paperwork 

requirements in the regulations under 

30 CFR part 1220 (previously 30 CFR 

part 220). The revised title of this 

information collection request (ICR) is 

‘‘30 CFR Part 1220, OCS Net Profit Share 

Payment Reporting.’’ There are no forms 

associated with this information 

collection. 

DATES: Submit written comments on or 

before May 24, 2011. 

ADDRESSES: You may submit comments 

on this ICR to ONRR by any of the 

following methods. Please use ‘‘ICR 

1012–0009’’ as an identifier in your 

comment. 

• Electronically go to http:// 

www.regulations.gov. In the entry titled 

‘‘Enter Keyword or ID,’’ enter ONRR– 

2011–0006, and then click search. 

Follow the instructions to submit public 

comments. The ONRR will post all 

comments. 

• Mail comments to Armand 

Southall, Regulatory Specialist, Office of 

Natural Resources Revenue, P.O. Box 

25165, MS 61013B, Denver, Colorado 

80225. Please reference ICR 1012–0009 

in your comments. 

• Hand-carry comments or use an 

overnight courier service. Our courier 

address is Building 85, Room A–614, 

Denver Federal Center, West 6th Ave. 

and Kipling St., Denver, Colorado 

80225. Please reference ICR 1012–0009 

in your comments. 

FOR FURTHER INFORMATION CONTACT: For 

questions on technical issues, contact 

Mary Ann Guilinger, Audit and 

Compliance Management (ACM), Office 

of Natural Resources Revenue (ONRR), 

telephone (303) 231–3408, or e-mail 

maryann.guilinger@onrr.gov. For other 

comments or questions, contact Armand 

Southall, Project Management Office— 

Regulations, ONRR, telephone (303) 

231–3221, or e-mail 

armand.southall@onrr.gov. You may 

contact Mr. Southall to obtain copies, at 

no cost, of (1) the ICR and (2) the 

regulations that require the subject 

information collection. 

SUPPLEMENTARY INFORMATION: 

Title: 30 CFR Part 1220, OCS Net 

Profit Share Payment Reporting. 

OMB Control Number: 1012–0009. 

Bureau Form Number: None. 

Abstract: The Secretary of the 

Department of the Interior is responsible 

for collecting royalties from lessees who 

produce minerals from leased Federal 

and Indian lands and the Outer 

Continental Shelf (OCS). The Secretary 

is required by various laws to manage 

mineral resources production on 

Federal and Indian lands and the OCS, 

collect the royalties due, and distribute 

the funds collected in accordance with 

those laws. The ONRR performs the 

royalty management functions for the 

Secretary. 

Public laws pertaining to mineral 

leases on Federal and Indian lands and 

the OCS are posted at http:// 

www.onrr.gov/Laws_R_D/ 

PublicLawsAMR.htm. 

I. General Information 

The ONRR collects and uses this 

information to determine all allowable 

direct and allocable joint costs and 

credits under § 1220.011 incurred 

during the lease term, appropriate 

overhead allowance permitted on these 

costs under § 1220.012, and allowances 

for capital recovery calculated under 

§ 1220.020. The ONRR also collects this 

information to ensure royalties or net 

profit share payments are accurately 

valued and appropriately paid. This ICR 

affects only oil and gas leases on 

submerged Federal lands on the OCS. 

II. Information Collections 

Title 30 CFR part 1220 covers the net 

profit share lease (NPSL) program and 

establishes reporting requirements for 

determining the net profit share base 

and calculating net profit share 

payments due the Federal Government 

for the production of oil and gas from 

leases. 

A. NPSL Bidding System 

To encourage exploration and 

development of oil and gas leases on 

submerged Federal lands on the OCS, 

the Bureau of Ocean Energy 

Management, Regulation, and 

Enforcement (BOEMRE, the former 

Offshore Energy and Minerals 

Management [OEMM] of Minerals 

Management Service [MMS]) 

promulgated regulations at 30 CFR 

260—Outer Continental Shelf Oil and 

Gas Leasing. Also, BOEMRE 

promulgated specific implementing 

regulations for the NPSL bidding system 

at § 260.110(d). The BOEMRE, formerly 

OEMM/MMS, established the NPSL 

bidding system to balance a fair market 

return to the Federal Government for the 

lease of its public lands with a fair profit 

to companies risking their investment 

capital. The system provides an 

incentive for early and expeditious 

exploration and development and 

provides for sharing the risks by the 

lessee and the Federal Government. The 

NPSL bidding system incorporates a 

fixed capital recovery system as a means 

through which the lessee recovers costs 

of exploration and development from 

production revenues, along with a 

reasonable return on investment. 

B. NPSL Capital Account 

The Federal Government does not 

receive a profit share payment from an 

NPSL until the lessee shows a credit 

balance in its capital account, that is, 

when cumulative revenues and other 

credits exceed cumulative costs. Lessees 

multiply the credit balance by the net 

profit share rate (30 to 50 percent), 

resulting in the amount of net profit 


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