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Notice

Major Portion Prices and Due Date for Additional Royalty Payments on Indian Gas Production in Designated Areas Not Associated With an Index Zone

Document Details

Information about this document as published in the Federal Register.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

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AGENCY:

Minerals Management Service (MMS), Interior.

ACTION:

Notice of major portion prices for calendar year 2003.

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 for the 12 months of 2003. The due date to pay is May 31, 2005.

ADDRESSES:

See FOR FURTHER INFORMATION CONTACT section below.

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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 Shawna Hopkins, Indian Oil and Gas Compliance and Asset Management, MMS; telephone (303) 231-3817; FAX (303) 231-3755; e-mail to Shawna.Hopkins@mms.gov. Mailing address: Minerals Management Service, Minerals Revenue Management, ONCAM, Indian Oil and Gas Compliance and Asset Management, P.O. Box 25165, MS 396B2, Denver, Colorado 80225-0165.

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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) (2004). 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 (2004) 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 May 31, 2005.

Gas Major Portion Prices and Due Dates for Designated Areas Not Associated With an Index Zone

MMS-Designated areasJanuary 2003 (MMBtu)February 2003 (MMBtu)March 2003 (MMBtu)
Blackfeet Reservation5.576.489.53
Fort Belknap4.975.105.84
Fort Berthold4.325.886.31
Fort Peck Reservation3.555.257.96
Navajo Allotted Leases in the Navajo Reservation4.374.505.82
Rocky Boys Reservation3.754.656.76
Ute Allotted Leases in the Uintah and Ouray Reservation2.903.215.05
Ute Tribal Leases in the Uintah and Ouray Reservation3.203.686.47
MMS-Designated areasApril 2003 (MMBtu)May 2003 (MMBtu)June 2003 (MMBtu)
Blackfeet Reservation6.636.647.05
Fort Belknap5.045.085.27
Fort Berthold4.284.764.83
Fort Peck Reservation4.434.294.97
Navajo Allotted Leases in the Navajo Reservation3.654.024.88
Rocky Boys Reservation4.044.164.57
Ute Allotted Leases in the Uintah and Ouray Reservation3.194.044.42
Ute Tribal Leases in the Uintah and Ouray Reservation3.514.394.83
MMS-Designated areasJuly 2003 (MMBtu)August 2003 (MMBtu)September 2003 (MMBtu)
Blackfeet Reservation7.095.736.14
Fort Belknap5.185.035.13
Fort Berthold4.224.253.93
Fort Peck Reservation4.694.714.47
Navajo Allotted Leases in the Navajo Reservation4.663.874.31
Rocky Boys Reservation4.043.623.76
Ute Allotted Leases in the Uintah and Ouray Reservation4.604.114.24
Ute Tribal Leases in the Uintah and Ouray Reservation4.243.944.05
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MMS-Designated areasOctober 2003 (MMBtu)November 2003 (MMBtu)December 2003 (MMBtu)
Blackfeet Reservation5.835.645.88
Fort Belknap5.065.035.32
Fort Berthold4.104.055.03
Fort Peck Reservation4.104.154.90
Navajo Allotted Leases in the Navajo Reservation3.883.794.23
Rocky Boys Reservation3.443.383.94
Ute Allotted Leases in the Uintah and Ouray Reservation4.113.774.10
Ute Tribal Leases in the Uintah and Ouray Reservation3.843.634.24

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 address at http://www.mrm.mms.gov/​ReportingServices/​PDFDocs/​991201.pdf.

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Dated: March 3, 2005.

Lucy Querques Denett,

Associate Director for Minerals Revenue Management.

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[FR Doc. 05-7019 Filed 4-7-05; 8:45 am]

BILLING CODE 4310-MR-P