2025-06982NoticeWallet

Indian Lands Gas Producers: Pay Up by the Due Date

Published Date: 4/23/2025

Notice

Summary

If you produce gas from Indian lands in special areas without a price index, this update tells you the main prices for 2023 and when you need to pay any extra royalties. It affects gas producers and helps make sure everyone pays the right amount on time. Get ready to check your payments and deadlines so you don’t miss out!

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Major-portion Prices Published for 2023

ONRR published the major portion prices that apply to gas produced from Indian lands for calendar year 2023. These published prices are the official benchmarks used under the valuation rules for that year.

Due Date for Additional 2023 Royalty Payments

The notice states the date by which a lessee must pay any additional royalties owed under major portion pricing for calendar year 2023. Lessees producing gas from Indian lands should check the published deadline and make payments by that date to meet their obligations.

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Key Dates

Published Date
4/23/2025

Department and Agencies

Department
Independent Agency
Agency
Interior Department
Natural Resources Revenue Office
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