The ONRR states there have been record sales and royalties due on federal and Indian mineral leases. For oil and gas, the person responsible for submitting the report and paying royalties must file Form ONRR-2014, the Report of Sales and Royalty Remittance. Rather than assume the operator always files, the operator should check who is responsible for each lease. For solid minerals, ONRR uses Form ONRR-4054, not Form ONRR-2014, to report royalties.
The oil and gas report is based on lease and product identifiers, sales volumes, sales value, relevant deductions, and the resulting royalty calculation. To verify reported volumes against sales and purchaser statements, you must have production and measurement records. Keep the contracts, statements, and calculation records they enable for your calculation and accounting, as well as any subsequent corrections.
Generally, ONRR's reporting process occurs monthly with deadlines at the end of each month. However, the reporting period and due date depend on the instructions currently in force from ONRR. To check the requirements for your leases, refer to ONRR's reporter handbooks and the guidance provided with the forms. This guide outlines the reporting workflow and should not replace that guidance.