As a tribal representative, I need to understand the purpose of Indian Oil Major Portion pricing, whether the Royalty Resiliency Act affects Indian leases, and where to find information on assistance and tribal lockbox payments. Please provide these details.
Navigate to the ONRR homepage. Scroll down to find the 'Pricing' section. Click on 'Indian Oil Major Portion' to understand its purpose. Return to the ONRR homepage. Locate and read the 'Royalty Resiliency Act' announcement in the 'Announcements' section. Click on the 'Indian Resources' button in the main navigation. Identify the links for 'Assistance' and 'Tribal Lockbox Payments' within the 'Indian Resources' section.
State that Indian Oil Major Portion pricing is calculated and published monthly by ONRR for Designated Areas, with prices in $/bbl. Confirm that the 'Royalty Resiliency Act' does NOT apply to any agreements that include Indian leases. Confirm that 'Assistance' information is available under the 'Indian Resources' section. Confirm that 'Tribal Lockbox Payments' information is available under the 'Indian Resources' section.