U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 28, 2025

All TitlesTitle 30Chapter XIIPart 1220 - PART 1220—ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES
§ 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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