[Federal Register Volume 66, Number 109 (Wednesday, June 6, 2001)]
[Notices]
[Pages 30481-30482]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-14273]


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DEPARTMENT OF THE INTERIOR

Minerals Management Service

RIN 1010-AB57


Major Portion Prices and Due Dates 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 and corrections.

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SUMMARY: Final regulations for valuing gas produced from Indian leases, 
published on August 10, 1999, require MMS to determine major portion 
values and notify industry by publishing the values 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 value. 
This notice provides the major portion values and due dates for 
November and December 2000 production months. In addition, this notice 
provides a major portion price and due date for the Alabama-Coushatta 
designated area for April 2000, as well as corrections to Alabama-
Coushatta major portion prices for September and October 2000, and a 
new due date for those months.

EFFECTIVE DATE: January 1, 2000.

ADDRESSES: See FOR FURTHER INFORMATION CONTACT section below.

FOR FURTHER INFORMATION CONTACT: John Barder, Indian Oil and Gas 
Compliance Asset Management, MMS; telephone, (303) 275-7234; FAX, (303) 
275-7470; E-mail, <a href="/cdn-cgi/l/email-protection#53193c3b3d7d113221373621133e3e207d343c25"><span class="__cf_email__" data-cfemail="b6fcd9ded898f4d7c4d2d3c4f6dbdbc598d1d9c0">[email protected]</span></a>; mailing address, Minerals 
Management Service, Minerals Revenue Management, Indian Oil and Gas 
Compliance Asset Management, P.O. Box 25165, MS 396G3, 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

[[Page 30482]]

for each production month beginning January 2000 along with a due date 
for additional royalty payments. See 30 CFR 206.174(a)(4)(ii). 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 and the due 
date for payment of additional royalties.

          Gas Major Portion Prices and Due Dates for Designated Areas not Associated with an Index Zone
----------------------------------------------------------------------------------------------------------------
                                                                November 2000    December 2000
                     MMS-designated areas                          (MMBtu)          (MMBtu)          Due date
----------------------------------------------------------------------------------------------------------------
Alabama-Coushatta............................................            $4.71            $6.83       07/02/2001
Blackfeet Reservation........................................             4.13             4.79       07/02/2001
Fort Belknap.................................................             4.52             5.33       07/02/2001
Fort Berthold................................................             2.18             3.09       07/02/2001
Fort Peck Reservation........................................             3.12             4.29       07/02/2001
Navajo Allotted Leases in the Navajo Reservation.............             4.51             6.34       07/02/2001
Rocky Boys Reservation.......................................             3.86             5.58       07/02/2001
Turtle Mountain Reservation..................................             1.27             1.44       07/02/2001
Ute Allotted Leases in the Uintah and Ouray Reservation......             4.43             5.80       07/02/2001
Ute Tribal Leases in the Uintah and Ouray Reservation........             4.42             5.09       07/02/2001
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          Gas Major Portion Prices and Due Dates for Designated Areas Not Associated With an Index Zone
                                             [Corrections/Additions]
----------------------------------------------------------------------------------------------------------------
                                             April 2000      September 2000     October 2000
           MMS-designated area                 (MMBtu)           (MMBtu)           (MMBtu)          Due date
----------------------------------------------------------------------------------------------------------------
Alabama-Coushatta.......................            $2.95             $4.81             $5.48        07/02/2001
----------------------------------------------------------------------------------------------------------------

    For information on how to report additional royalties due to major 
portion prices, please refer to our Dear Payor letter dated December 1, 
1999.

    Dated: May 23, 2001.
Barbara Desiderio,
Acting Associate Director for Minerals Revenue Management.
[FR Doc. 01-14273 Filed 6-5-01; 8:45 am]
BILLING CODE 4310-MR-P


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