Skip to Content

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.

Start Preamble

AGENCY:

Minerals Management Service (MMS), Interior.

ACTION:

Notice of major portion prices for calendar year 2008.

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 royalties based on the major portion prices. This notice provides major portion prices for the 12 months of calendar year 2008.

DATES:

The due date to pay additional royalties based on the major portion prices is June 28, 2010.

Start Further Info

FOR FURTHER INFORMATION CONTACT:

John Barder, Manager, Team B, Western Audit and Compliance, Minerals Revenue Management; telephone (303) 231-3702; fax number (303) 231-3755; e-mail John.Barder@mms.gov; or Mike Curry, Team B, Western Audit and Compliance, Minerals Revenue Management; telephone (303) 231-3741; fax (303) 231-3755; e-mail Michael.Curry@mms.gov. Mailing address: Minerals Management Service, Minerals Revenue Management, Western Audit and Compliance Management, Team B, P.O. Box 25165, MS 62220B, Denver, Colorado 80225-0165.

End Further Info End Preamble Start Supplemental Information

SUPPLEMENTARY INFORMATION:

On August 10, 1999, MMS published a final rule titled “Amendments to Gas Valuation Regulations for Indian Leases” at 64 FR 43506 with the effective date 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) (2009). 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 you do not pay the additional royalties by the due date, MMS will bill you late payment interest under 30 CFR 218.54. The interest will accrue from the due date until MMS receives your payment and an amended Form MMS-2014. 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

MMS-Designated areasJan 2008Feb 2008Mar 2008Apr 2008
Blackfeet Reservation6.187.007.508.28
Fort Belknap6.406.656.876.97
Fort Berthold7.287.848.769.48
Fort Peck Reservation9.059.7210.4110.94
Start Printed Page 22160
Navajo Allotted Leases in the Navajo Reservation7.047.748.358.77
Rocky Boys Reservation5.816.387.007.41
Ute Tribal Leases in the Uintah and Ouray Reservation5.746.807.467.66
MMS-Designated areasMay 2008Jun 2008Jul 2008Aug 2008
Blackfeet Reservation8.949.7910.958.39
Fort Belknap7.207.547.547.54
Fort Berthold10.6911.6210.367.63
Fort Peck Reservation12.2112.2513.3510.31
Navajo Allotted Leases in the Navajo Reservation9.5410.4011.497.82
Rocky Boys Reservation8.189.287.955.70
Ute Tribal Leases in the Uintah and Ouray Reservation8.538.468.726.57
MMS-Designated areasSep 2008Oct 2008Nov 2008Dec 2008
Blackfeet Reservation6.655.585.235.00
Fort Belknap2.636.186.135.99
Fort Berthold6.195.925.695.54
Fort Peck Reservation8.947.216.155.46
Navajo Allotted Leases in the Navajo Reservation6.274.503.445.09
Rocky Boys Reservation4.664.414.133.91
Ute Tribal Leases in the Uintah and Ouray Reservation1.532.982.504.33

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.

Start Signature

Dated: April 2, 2010.

Gregory J. Gould,

Associate Director for Minerals Revenue Management.

End Signature End Supplemental Information

[FR Doc. 2010-9757 Filed 4-26-10; 8:45 am]

BILLING CODE 4310-MR-P