[Federal Register: April 29, 2008 (Volume 73, Number 83)]
[Notices]
[Page 23270-23271]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr29ap08-94]
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DEPARTMENT OF THE INTERIOR
Minerals Management Service
[Docket No. MMS-2008-MRM-0018]
Major Portion Prices and Due Date for Additional Royalty Payments
on Indian Gas Production in Designated Areas Not Associated With an
Index Zone
AGENCY: Minerals Management Service (MMS), Interior.
ACTION: Notice of major portion prices for calendar year 2006.
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SUMMARY: Final regulations for valuing gas produced from Indian leases,
published August 10, 1999, require MMS to determine major portion
prices and notify industry by publishing the prices in the Federal
Register. The regulations also require MMS to publish a due date for
industry to pay additional royalty based on the major portion prices.
This notice provides the major portion prices for the 12 months of
2006.
DATES: The due date to pay additional royalties based on the major
portion prices is June 30, 2008.
FOR FURTHER INFORMATION CONTACT: John Barder, Indian Oil and Gas
Compliance and Asset Management, MMS; telephone (303) 231-3702; FAX
(303) 231-3755; e-mail to John.Barder@mms.gov; or Larry Gratz, Indian
Oil and Gas Compliance and Asset Management, MMS; telephone (303) 231-
3427; FAX (303) 231-3755; e-mail to Larry.Gratz@mms.gov. Mailing
address: Minerals Management Service, Minerals Revenue Management,
Compliance and Asset Management, Indian Oil and Gas Compliance and
Asset Management, P.O. Box 25165, MS 396B2, Denver, Colorado 80225-
0165.
SUPPLEMENTARY INFORMATION: On August 10, 1999, MMS published a final
rule titled ``Amendments to Gas Valuation Regulations for Indian
Leases,'' (64 FR 43506) with an effective date of January 1, 2000. The
gas regulations apply to all gas production from Indian (tribal or
allotted) oil and gas leases, except leases on the Osage Indian
Reservation.
The rule requires that MMS publish major portion prices for each
designated area not associated with an index zone for each production
month beginning January 2000, along with a due date for additional
royalty payments. See 30 CFR 206.174(a)(4)(ii) (2007). If additional
royalties are due based on a published major portion price, the lessee
must submit an amended Form MMS-2014, Report of Sales and Royalty
Remittance, to MMS by the due date. If additional royalties are not
paid by the due date, late payment interest, under 30 CFR 218.54, will
accrue from the due date until payment is made and an amended Form MMS-
2014 is received. The table below lists the major portion prices for
all designated areas not associated with an index zone. The due date is
60 days after the publication date of this notice.
Gas Major Portion Prices ($/MMBtu) for Designated Areas Not Associated With an Index Zone
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MMS-designated areas Jan 2006 Feb 2006 Mar 2006 Apr 2006
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Blackfeet Reservation....................................... 10.17 7.12 6.07 5.38
Fort Belknap................................................ 6.36 6.15 5.95 5.99
Fort Berthold............................................... 7.45 6.44 5.37 5.47
Fort Peck Reservation....................................... 9.89 7.96 7.57 6.07
Navajo Allotted Leases in the Navajo Reservation............ 10.03 7.24 6.57 6.03
Rocky Boys Reservation...................................... 7.05 5.66 5.01 4.74
Ute Allotted Leases in the Uintah and Ouray Reservation..... 8.61 6.59 6.40 5.95
Ute Tribal Leases in the Uintah and Ouray Reservation....... 8.66 6.45 5.54 5.07
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[[Page 23271]]
May 2006 Jun 2006 Jul 2006 Aug 2006
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Blackfeet Reservation....................................... 5.60 4.78 4.82 5.14
Fort Belknap................................................ 5.91 5.86 5.69 6.11
Fort Berthold............................................... 5.05 5.15 5.23 5.87
Fort Peck Reservation....................................... 6.97 6.35 6.70 7.07
Navajo Allotted Leases in the Navajo Reservation............ 6.22 5.22 5.59 6.49
Rocky Boys Reservation...................................... 4.17 4.27 4.22 4.85
Ute Allotted Leases in the Uintah and Ouray Reservation..... 5.49 4.92 4.64 5.31
Ute Tribal Leases in the Uintah and Ouray Reservation....... 4.99 4.19 4.43 5.21
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Sep 2006 Oct 2006 Nov 2006 Dec 2006
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Blackfeet Reservation....................................... 5.26 3.69 5.73 6.63
Fort Belknap................................................ 5.79 5.78 6.20 6.13
Fort Berthold............................................... 4.56 4.88 6.62 6.41
Fort Peck Reservation....................................... 5.91 4.72 6.72 7.89
Navajo Allotted Leases in the Navajo Reservation............ 6.62 4.20 6.58 6.71
Rocky Boys Reservation...................................... 3.40 4.27 5.67 5.23
Ute Allotted Leases in the Uintah and Ouray Reservation..... 4.65 2.80 5.57 5.28
Ute Tribal Leases in the Uintah and Ouray Reservation....... 4.08 2.30 5.65 5.39
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For information on how to report additional royalties due to major
portion prices, please refer to our Dear Payor letter dated December 1,
1999, on the MMS Web site at http://www.mrm.mms.gov/ReportingServices/
PDFDocs/991201.pdf.
Dated: February 28, 2008.
Walter D. Cruickshank,
Acting Associate Director for Minerals Revenue Management.
[FR Doc. E8-9338 Filed 4-28-08; 8:45 am]
BILLING CODE 4310-MR-P
