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Part 1220 — Accounting Procedures For Determining Net Profit Share Payment For Outer Continental Shelf Oil And Gas Leases

Authority: §205, Pub. L. 95-372, 92 Stat. 643 (43 U.S.C. 1337).

Source: 45 FR 36800, May 30, 1980, unless otherwise noted. Redesignated at 48 FR 1182, Jan. 11, 1983, and further redesignated at 48 FR 35642, Aug. 5, 1983, 75 FR 61087, Oct. 4, 2010.

§1220.001 — Purpose and scope

§1220.002 — Definitions

§1220.003 — Information collection

§1220.010 — NPSL capital account

§1220.011 — Schedule of allowable direct and allocable joint costs and credits

§1220.012 — Overhead allowance

§1220.013 — Unallowable costs

§1220.014 — Allocation of joint costs and credits

§1220.015 — Pricing of materiel purchases, transfers, and dispositions

§1220.020 — Calculation of the allowance for capital recovery

§1220.021 — Determination of net profit share base

§1220.022 — Calculation of net profit share payment

§1220.030 — Maintenance of records

§1220.031 — Reporting and payment requirements

§1220.032 — Inventories

§1220.033 — Audits

§1220.034 — Redetermination and appeals