As a tribal representative, I need to understand key information from the Office of Natural Resources Revenue (ONRR) website. Specifically, I want to know what Indian Oil Major Portion pricing is, if the Royalty Resiliency Act applies to Indian leases, and where to find information on Assistance and Tribal Lockbox Payments.
Navigate to the ONRR homepage (onrr.gov). Scroll down to the 'Pricing' section and click on 'Indian Oil Major Portion'. Scroll down the 'Indian Oil Major Portion' page to find its purpose. Return to the ONRR homepage. Locate the 'Announcements' section on the homepage to find information about the 'Royalty Resiliency Act'. 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.