Minerals Management Service August 12, 2005 – Federal Register Recent Federal Regulation Documents

On June 30, 2005, the Director of MMS signed the Final Notice of Sale for Sale 196, and on July 7, 2005, the FNOS was published in the Federal Register at 70 FR 39329. This notice informs potential bidders that the Energy Policy Act of 2005, signed by the President on August 8, 2005, requires that royalty suspension provisions contained in the Energy Policy Act must be used for OCS lease sales occurring during the five-year period beginning on the date of its enactment. Therefore, deepwater royalty suspension volume provisions contained in the FNOS 196 are superseded in part by provisions in the Energy Policy Act of 2005.