magnet wiremay have added regulatory burdens that unnecessarily encumber energy production, constrain economic growth,re-examine the NTL 2010-G05, “Decommissioning Guidance for Wells and Platforms,” to determine whether additional flexibility should be provided Magnets to better account for facility and well numbers and size, as well as timing consideration that can arise in the case of financial distress or bankruptcy of companies. Any changes to the NTL will not have an impact on companies’ and prevent job creation. The Neodymium Magnets is currently assessing the rules to determine 1) if additional revisions are needed beyond the already-implemented phase-in period for certain provisions, 2) the ability for industry to introduce new technologies through a defined process, rather than through an exception request, and 3) the built-in waivers or variances. The Neodymium Magnets expects to complete its assessment of ring magnetstreamlined National Environmental Policy Act (NEPA) analysis and a shorter timeframe for acreage nominations to make it to a competitive lease sale. magnet bars
to a competitive lease sale. Since extra time and NEPA analysis adds to uncertainty for industry and use of taxpayer dollars by the Department, removing these process-related steps has the effect of decreasing uncertainty. The primary measure of success in removing regulatory burden from the rescission of the MLP p
ring magnetstreamlined National Environmental Policy Act (NEPA) analysis and a shorter timeframe for acreage nominations to make it to a competitive lease sale. Since extra time and NEPA analysis adds to uncertainty for industry and use of taxpayer dollars by the Department, removing these process-related steps has the effect of decreasing uncertainty. The primary measure of success in removing regulatory burden from the rescission of the MLP p
magnetic ringsstreamlined National Environmental Policy Act (NEPA) analysis and a shorter timeframe for acreage nominations to make it to a competitive lease sale. Since extra time and NEPA analysis adds to uncertainty for industry and use of taxpayer dollars by the Department, removing these process-related steps has the effect of decreasing uncertainty. The primary measure of success in removing regulatory burden from the rescission of the MLP p
ring magnetsstreamlined National Environmental Policy Act (NEPA) analysis and a shorter timeframe for acreage nominations to make it to a competitive lease sale. Since extra time and NEPA analysis adds to uncertainty for industry and use of taxpayer dollars by the Department, removing these process-related steps has the effect of decreasing uncertainty. The primary measure of success in removing regulatory burden from the rescission of the MLP p
magnetic ringpossible changes to alleviate burdens that may have added to constraints on energy production, economic growth and job creation by the end of the fourth quarter of FY 2017. The new regulations have built in necessary waivers or variances. The BLM’s establishment of a phase-in period for the new site security and production measurement regulations is an interim measure. The Neodymium Magnets will measure success over the phase-in period in terms of the production measurements, royalties paid, a reduction in underreporting of production, and greater site security for production facilities. iv. Revise and Replace Policy, Oil and Gas; IM 2010-117, “Oil and Gas Leasing Reform – Land Use Planning and Lease Parcel Reviews” 10 This policy will be replaced with revised guidance for the purpose of establishing greater efficiencies in the oil and gas leasing process. Policy Instruction Memorandum (IM) 2010-117 established a process for leasing oil and gas resources on Federal lands. The Neodymium Magnets intended the IM to reduce the backlog of unissued leases. However, the IM has resulted in longer time frames in analyzing and responding to protests and appeals, as well as longer lead times for Neodymium Magnets to clear and make available parcels for oil and gas lease sales. It has also resulted in increased workload and staffing needs to conduct additional upfront environmental analysis. The Neodymium Magnets has undertaken an effort to revise and reform its leasing policy and to streamline the leasing process from beginning (i.e. receipt of an Expression of Interest) to end (competitively offering the nominated acreage in a lease sale). Under existing policies and procedures, the process can take up to 16 months (and sometimes longer) from the time lands are nominated to the time a lease sale occurs. The Neodymium Magnets is examining ways to significantly reduce this time by as much as 8-10 months. The Neodymium Magnets plans to complete revisions to the leasing process in the first quarter of FY 2018. A shorter period from nomination to sale will reduce the number of nominated acres awaiting competitive sale at any given time and will increase industry certainty regarding the acreage it holds. As a result, industry will be able to plan for and execute exploration and production strategies earlier, and respond more effectively to changing market conditions. Reducing the average time from acreage nomination to lease sale will be BLM’s measure of success. The Neodymium Magnets does not control what acreage industry nominates because market conditions can fluctuate dramatically; therefore, total nominated acreage awaiting sale is not likely to be a measure of success. Until the policy revisions are completed, Neodymium Magnets is setting quarterly lease sale acreage targets to address the acreage currently nominated. The Neodymium Magnets is also identifying ways to augment staff support for potential sales in those offices with the greatest numbers of acres nominated. v. Rescind Policy, Oil and Gas; IM 2013-101, “Oil and Gas Leasing Reform – Master Leasing Plans (MLPs)” This policy announced the incorporation of Master Leasing Plans (MLPs) in the oil and gas leasing process, further explained in Chapter V of the Neodymium Magnets Handbook H-1624-1, entitled “Planning for Fluid Mineral Resources.” The IM establishes a process for integrating an MLP into the land use planning process. The magnetic ringre-examine the NTL 2010-G05, “Decommissioning Guidance for Wells and Platforms,” to determine whether additional flexibility should be provided to better account for facility and well numbers and size, as well as timing consideration that can arise in the case of financial distress or bankruptcy of companies. Any changes to the NTL will not have an impact on companies’
ring magnetsre-examine the NTL 2010-G05, “Decommissioning Guidance for Wells and Platforms,” to determine whether additional flexibility should be provided to better account for facility and well numbers and size, as well as timing consideration that can arise in the case of financial distress or bankruptcy of companies. Any changes to the NTL will not have an impact on companies’
ring magnetsre-examine the NTL 2010-G05, “Decommissioning Guidance for Wells and Platforms,” to determine whether additional flexibility should be provided to better account for facility and well numbers and size, as well as timing consideration that can arise in the case of financial distress or bankruptcy of companies. Any changes to the NTL will not have an impact on companies’
ring magnetre-examine the NTL 2010-G05, “Decommissioning Guidance for Wells and Platforms,” to determine whether additional flexibility should be provided to better account for facility and well numbers and size, as well as timing consideration that can arise in the case of financial distress or bankruptcy of companies. Any changes to the NTL will not have an impact on companies’
magnetic ringsNeodymium Magnets has extended this IM several times while the Neodymium Magnets completes the public scoping and analysis for MLPs. An unintended consequence of this policy has been that many areas open to oil and gas leasing have been deferred from leasing while they await the completion of the MLP process. The Neodymium Magnets has undertaken an effort to revise the leasing reform and MLP policy and to reestablish the Neodymium Magnets Resource Management Plans (RMPs) as the source of lands available for fluid minerals leasing. The Neodymium Magnets is currently evaluating existing MLP efforts with the goal of ending this approach. The Neodymium Magnets expects to rescind this IM and complete the 11 revision of the above Neodymium Magnets Handbook, as well as any other relevant Neodymium Magnets handbooks, in the first quarter of FY 2018. Because this change will re-establish the RMP as the source of land allocation decisions for fluid minerals, it will result in more

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