Interstate & Federal Regulations Flashcards
7 cards from real CMM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Interstate & Federal Regulations flashcards as text
Which federal agency administers the Mineral Leasing Act on onshore federal lands?
Answer: Bureau of Land Management (BLM)
The Bureau of Land Management (BLM) administers the Mineral Leasing Act of 1920 and manages onshore federal mineral leases.
Under the Federal Oil and Gas Royalty Management Act (FOGRMA), what is the standard royalty rate for onshore federal oil and gas leases?
Answer: 12.5%
The standard onshore federal royalty rate under FOGRMA is 12.5% (one-eighth) of production value, though it may vary.
The Interstate Oil and Gas Compact Commission (IOGCC) was established primarily to:
Answer: Promote conservation of oil and gas resources among member states
The IOGCC was created by Congress in 1935 to encourage member states to adopt conservation measures for oil and gas resources.
Which federal law requires operators on federal leases to file a Notice of Intent (NOI) before conducting surface-disturbing activities?
Answer: Federal Land Policy and Management Act (FLPMA)
FLPMA and BLM regulations require operators to submit a Notice of Intent or Application for Permit to Drill before surface-disturbing activities on federal lands.
A federal oil and gas lease term is typically how long for a producing lease?
Answer: Held by production as long as operations continue
Federal leases are held by production (HBP) for as long as oil or gas is produced in paying quantities after the primary term expires.
Under the Natural Gas Act, the Federal Energy Regulatory Commission (FERC) has jurisdiction over:
Answer: Interstate natural gas pipeline transportation and sales
FERC regulates the interstate transportation and wholesale sale of natural gas under the Natural Gas Act of 1938.
What is the purpose of an Onshore Oil and Gas Order (OOGOO) issued by BLM?
Answer: To establish detailed operational standards for drilling and production on federal leases
BLM's Onshore Oil and Gas Orders establish uniform operational requirements for drilling, production, and environmental protection on federal leases.
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