Meeting of the Federal Gas Valuation Negotiated Rulemaking Committee

DEPARTMENT OF THE INTERIOR

Minerals Management Service

30 CFR Chapter II

Meeting of the Federal Gas Valuation Negotiated Rulemaking

Committee

AGENCY: Minerals Management Service, Interior.

ACTION: Notice of meeting.

-----------------------------------------------------------------------

SUMMARY: The Secretary of the Department of the Interior (Department)

established a Federal Gas Valuation Negotiated Rulemaking Committee

(Committee) to develop specific recommendations with respect to Federal

gas valuation under its responsibilities imposed by the Federal Oil and

Gas Royalty Management Act of 1982 (FOGRMA). The Department has

determined that the establishment of this Committee is in the public

interest and will assist the agency in performing its duties under

FOGRMA.

MMS published a proposed rule on November 6, 1995, in the Federal

[[Page 21998]]

Register (60 FR 56007) advancing the consensus decisions of the

Committee regarding the valuation of gas produced from Federal leases.

On December 13, 1995, in the Federal Register (60 FR 64000), MMS

extended the period for receiving comments on the proposed rule through

February 5, 1996. MMS is holding a meeting of the Committee to discuss

how to proceed with further rulemaking in light of the comments

received on the proposed rule.

DATES: The Committee will meet on: Wednesday, June 12, 1996, 10:00 a.m.

to 5:00 p.m.; Thursday, June 13, 1996, 8:00 a.m. to 5:00 p.m.; Friday,

June 14, 1996, 8:00 a.m. to 2:00 p.m.

ADDRESSES: The meetings will be held at the Denver Federal Center,

building 85, West 6th Avenue and Kipling Street, Lakewood, Colorado,

80225.

Written statements may be submitted to Ms. Deborah Gibbs Tschudy,

Chief, Valuation and Standards Division, Minerals Management Service,

Royalty Management Program, P.O. Box 25165, MS 3150, Denver, Colorado

80225-0165, courier delivery to Building 85, Denver Federal Center,

Denver, CO 80225.

FOR FURTHER INFORMATION CONTACT: Ms. Deborah Gibbs Tschudy, Chief,

Valuation and Standards Division, Minerals Management Service, Royalty

Management Program, P.O. Box 25165, MS 3150, Denver, Colorado, 80225-

0165, telephone number (303) 275-7200, fax number (303) 275-7227.

SUPPLEMENTARY INFORMATION: The meetings will be open to the public

without advanced registration. Public attendance may be limited to the

space available. Members of the public may make statements during the

meeting, to the extent time permits, and file written statements with

the Committee for its consideration.

Written statements should be submitted to the address listed above.

Minutes of Committee meetings will be available for public inspection

and copying 10 days following each meeting at the same address. In

addition, the materials received to date during the input sessions are

available for inspection and copying at the same address.

Dated: May 7, 1996.

Robert E. Brown,

Associate Director for Royalty Management.

[FR Doc. 96-11853 Filed 5-10-96; 8:45 am]

BILLING CODE 4310-MR-P