Proposed Reinstatement of Terminated Oil and Gas Leases NMNM 112261 and NMNM 112262, 13420 [E6-3710]
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13420
Federal Register / Vol. 71, No. 50 / Wednesday, March 15, 2006 / Notices
actions that will protect and conserve
species and their habitats while
providing for appropriate use of desert
resources and the future growth and
development of desert communities.
Dated: January 27, 2006.
John S. Mills,
Acting Deputy State Director, Natural
Resources Division.
[FR Doc. E6–3758 Filed 3–14–06; 8:45 am]
Bureau of Land Management
[NM–920–1310–06; NMNM 112261; NMNM
112262]
Proposed Reinstatement of Terminated
Oil and Gas Leases NMNM 112261 and
NMNM 112262
Bureau of Land Management,
Interior.
ACTION: Notice of reinstatement of
terminated oil and gas leases.
sroberts on PROD1PC70 with NOTICES
AGENCY:
SUMMARY: Under the provisions of
Public Law 97–451, Elk Oil Company
timely filed a petition for reinstatement
of oil and gas leases NMNM 112261and
NMNM 112262 for lands in Chaves
County, New Mexico, and was
accompanied by all required rentals and
royalties accruing from October 1, 2005,
the date of the terminations.
FOR FURTHER INFORMATION CONTACT:
Becky C. Olivas, BLM, New Mexico
State Office, (505) 438–7609.
SUPPLEMENTARY INFORMATION: No valid
lease has been affecting the lands. The
lessee has agreed to new lease terms for
rentals and royalties at rates of $10.00
per acre or fraction thereof and 162⁄3
percent, respectively. The lessee has
paid the required $500.00
administrative fees and has reimbursed
the Bureau of Land Management for the
cost of this Federal Register notice.
The lessee has met all the
requirements for reinstatement of the
leases as set out in Sections 31(d) and
(e) of the Mineral Lease Act of 1920 (30
U.S.C. 188), and the Bureau of Land
Management is proposing to reinstate
the leases effective October 1, 2005,
subject to the original terms and
conditions of the leases and the
increased rentals and royalty rates cited
above.
VerDate Aug<31>2005
19:25 Mar 14, 2006
Jkt 208001
Agency Information Collection
Activities: Proposed Collection;
Comment Request
Minerals Management Service
(MMS), Interior.
ACTION: Notice of extension of an
information collection (1010–0071).
DEPARTMENT OF THE INTERIOR
BILLING CODE 4310–FB–P
Minerals Management Service
AGENCY:
BILLING CODE 4310–40–P
Becky C. Olivas,
Land Law Examiner, Fluids Adjudication
Team 1.
[FR Doc. E6–3710 Filed 3–14–06; 8:45 am]
DEPARTMENT OF THE INTERIOR
SUMMARY: To comply with the
Paperwork Reduction Act of 1995
(PRA), we are inviting comments on a
collection of information that we will
submit to the Office of Management and
Budget (OMB) for review and approval.
The information collection request (ICR)
concerns the paperwork requirements in
the regulations under 30 CFR 203,
‘‘Relief or Reduction in Royalty Rates.’’
DATES: Submit written comments by
May 15, 2006.
ADDRESSES: You may submit comments
by any of the following methods listed
below. Please use the Information
Collection Number 1010–0071 as an
identifier in your message.
• Public Connect on-line commenting
system, https://ocsconnect.mms.gov.
Follow the instructions on the Web site
for submitting comments.
• E-mail MMS at
rules.comments@mms.gov. Identify with
Information Collection Number 1010–
0071 in the subject line.
• Fax: 703–787–1093. Identify with
Information Collection Number 1010–
0071.
• Mail or hand-carry comments to the
Department of the Interior; Minerals
Management Service; Attention: Rules
Process Team (RPT); 381 Elden Street,
MS–4024; Herndon, Virginia 20170–
4817. Please reference ‘‘Information
Collection 1010–0071’’ in your
comments.
FOR FURTHER INFORMATION CONTACT:
Cheryl Blundon, Rules Processing Team
at (703) 787–1600. You may also contact
Cheryl Blundon to obtain a copy, at no
cost, of the regulations that require the
subject collection of information.
SUPPLEMENTARY INFORMATION:
Title: 30 CFR 203, Relief or Reduction
in Royalty Rates.
OMB Control Number: 1010–0071.
Abstract: The Outer Continental Shelf
(OCS) Lands Act, as amended by Public
Law 104–58, Deep Water Royalty Relief
Act (DWRRA), gives the Secretary of the
Interior (Secretary) the authority to
reduce or eliminate royalty or any net
profit share specified in OCS oil and gas
leases to promote increased production.
The DWRRA also authorized the
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Sfmt 4703
Secretary to suspend royalties when
necessary to promote development or
recovery of marginal resources on
producing or non-producing leases in
the Gulf of Mexico (GOM) west of 87
degrees, 30 minutes West longitude.
Section 302 of the DWRRA provides
that new production from a lease in
existence on November 28, 1995, in a
water depth of at least 200 meters, and
in the GOM west of 87 degrees, 30
minutes West longitude qualifies for
royalty suspension in certain situations.
To grant a royalty suspension, the
Secretary must determine that the new
production or development would not
be economic without royalty relief. The
Secretary must then determine the
volume of production on which no
royalty would be due in order to make
the new production from the lease
economically viable. This determination
must be done on a case-by-case basis.
Production from leases in the same
water depth and area issued after
November 28, 2000, also can qualify for
royalty suspension in addition to any
that may be included in their lease
terms.
In addition, federal policy and statute
require us to recover the cost of services
that confer special benefits to
identifiable non-federal recipients. The
Independent Offices Appropriation Act
(31 U.S.C. 9701), OMB Circular A–25,
and the Omnibus Appropriations Bill
(Pub. L. 104–133 110 Stat. 1321, April
26, 1996) authorize MMS to collect
these fees to reimburse us for the cost
to process applications or assessments.
Regulations at 30 CFR part 203
implement these statutes and policy and
require respondents to pay a fee to
request royalty relief. Section 30 CFR
203.3 states that, ‘‘We will specify the
necessary fees for each of the types of
royalty-relief applications and possible
MMS audits in a Notice to Lessees. We
will periodically update the fees to
reflect changes in costs as well as
provide other information necessary to
administer royalty relief.’’
MMS uses the information to make
decisions on the economic viability of
leases requesting a suspension or
elimination of royalty or net profit
share. These decisions have enormous
monetary impacts to both the lessee and
the Federal Government. Royalty relief
can lead to increased production of
natural gas and oil, creating profits for
lessees and royalty and tax revenues for
the government that they might not
otherwise receive. We could not make
an informed decision without the
collection of information required by 30
CFR part 203.
We will protect information from
respondents considered proprietary
E:\FR\FM\15MRN1.SGM
15MRN1
]]>Agencies
[Federal Register Volume 71, Number 50 (Wednesday, March 15, 2006)]
[Notices]
[Page 13420]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-3710]
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DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[NM-920-1310-06; NMNM 112261; NMNM 112262]
Proposed Reinstatement of Terminated Oil and Gas Leases NMNM
112261 and NMNM 112262
AGENCY: Bureau of Land Management, Interior.
ACTION: Notice of reinstatement of terminated oil and gas leases.
-----------------------------------------------------------------------
SUMMARY: Under the provisions of Public Law 97-451, Elk Oil Company
timely filed a petition for reinstatement of oil and gas leases NMNM
112261and NMNM 112262 for lands in Chaves County, New Mexico, and was
accompanied by all required rentals and royalties accruing from October
1, 2005, the date of the terminations.
FOR FURTHER INFORMATION CONTACT: Becky C. Olivas, BLM, New Mexico
State Office, (505) 438-7609.
SUPPLEMENTARY INFORMATION: No valid lease has been affecting the lands.
The lessee has agreed to new lease terms for rentals and royalties at
rates of $10.00 per acre or fraction thereof and 16\2/3\ percent,
respectively. The lessee has paid the required $500.00 administrative
fees and has reimbursed the Bureau of Land Management for the cost of
this Federal Register notice.
The lessee has met all the requirements for reinstatement of the
leases as set out in Sections 31(d) and (e) of the Mineral Lease Act of
1920 (30 U.S.C. 188), and the Bureau of Land Management is proposing to
reinstate the leases effective October 1, 2005, subject to the original
terms and conditions of the leases and the increased rentals and
royalty rates cited above.
Becky C. Olivas,
Land Law Examiner, Fluids Adjudication Team 1.
[FR Doc. E6-3710 Filed 3-14-06; 8:45 am]
BILLING CODE 4310-FB-P
