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Interstate & Federal Regulations Flashcards

7 cards from real CMM practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Interstate & Federal Regulations flashcards as text
  1. Under 30 CFR Part 1218, royalties on federal leases must be paid by what date each month?

    Answer: The 15th of the month following production

    ONRR regulations at 30 CFR Part 1218 require royalties to be paid by the 15th day of the month following the month of production.

  2. Which act established the Office of Natural Resources Revenue (ONRR) and its authority to collect royalties from federal mineral leases?

    Answer: Federal Oil and Gas Royalty Management Act (FOGRMA)

    FOGRMA, enacted in 1982, established the framework for federal royalty management and led to creation of the agency now known as ONRR.

  3. An interstate natural gas pipeline company seeking to construct a new pipeline must obtain a Certificate of Public Convenience and Necessity from:

    Answer: FERC

    FERC issues Certificates of Public Convenience and Necessity under Section 7 of the Natural Gas Act for new interstate pipeline construction.

  4. Under federal regulations, a 'suspension of operations' on a federal oil and gas lease is typically granted for a maximum of:

    Answer: 5 years, with extensions possible

    BLM may grant suspensions of operations and production for up to 5 years, with possible extensions for extenuating circumstances.

  5. The Split Estate situation in the western U.S. occurs when:

    Answer: The federal government owns the mineral rights but a private party owns the surface rights

    Split estate refers to parcels where the federal government owns subsurface mineral rights while private individuals or entities own the surface.

  6. Which federal statute requires environmental impact assessments for major federal actions, including federal lease sales and drilling permit approvals?

    Answer: National Environmental Policy Act (NEPA)

    NEPA requires federal agencies to assess environmental impacts through Environmental Assessments or Environmental Impact Statements before major federal actions.

  7. Under the Mineral Leasing Act, what is the maximum acreage any individual or entity may hold in federal oil and gas leases within a single state?

    Answer: 246,080 acres

    The Mineral Leasing Act limits any person or entity to holding no more than 246,080 acres of federal oil and gas leases in any one state.

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