30 CFR Part 1220
Accounting Procedures for Determining Net Profit Share Payment for Outer Continental Shelf Oil and Gas Leases
May 28, 2026
§
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
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