Notice of Proposed Reinstatement of Terminated Oil and Gas Lease NMNM 32458
Notice Of Reinstatement Of Terminated Oil And Gas Lease.
Under the Class II provisions of Title IV, 97, the Bureau of Land Management (BLM) received a petition for reinstatement of oil and gas lease NMNM 32458 from the lessee, OXY USA WTP LP., for lands in Lea County, New Mexico. The petition was filed on time and was accompanied by all the rentals due since the date the lease terminated under the law.
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Lourdes B. Ortiz, BLM, New Mexico State Office, at (505) 438-7586.
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No valid lease has been issued that affect the lands. The lessee agrees to new lease terms for rentals and royalties of $5.00 per acre or fraction thereof, per year, and 162/3percent, respectively. The lessee paid the required $500.00 administrative fee for the reinstatement of the lease and $166.00 cost for publishing this Notice in the Federal Register. The lessee met all the requirements for reinstatement of the lease as set out in Sections 31(d) and (e) of the Mineral Leasing Act of 1920 (30 U.S.C. 188). We are proposing to reinstate lease NMNM 32458, effective the date of termination, December 1, 2004, under the original terms and conditions of the lease and the increased rental and royalty rates cited above.
Dated: June 12, 2006.
Lourdes B. Ortiz,
Land Law Examiner.
[FR Doc. 06-5543 Filed 6-20-06; 8:45 am]
BILLING CODE 4310-FB-P