Establishing Oil Value for Royalty Due on Federal Leases

DEPARTMENT OF THE INTERIOR

Minerals Management Service

30 CFR Part 206

RIN 1010-AC09

Establishing Oil Value for Royalty Due on Federal Leases

AGENCY: Minerals Management Service, Interior.

ACTION: Notice of reopening the public comment period.

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SUMMARY: The Minerals Management Service (MMS) hereby gives notice that

it is reopening the public comment period on a second supplementary

proposed rulemaking, which was published in the Federal Register on

February 6, 1998, (63 FR 6113). The proposed rule amends the royalty

valuation regulations for crude oil produced from Federal leases. In

response to issues raised on the February 6, 1998, second supplementary

proposed rulemaking, MMS will reopen the comment period from July 9,

1998, to July 24, 1998.

DATE: Comments must be submitted on or before July 24, 1998.

ADDRESSES: Mail comments, suggestions, or objections about this

supplementary proposed rule to: Minerals Management Service, Royalty

Management Program, Rules and Publications Staff, P.O. Box 25165, MS

3021, Denver, Colorado 80225-0165. E-mail address is

RMP.[email protected].

FOR FURTHER INFORMATION CONTACT: David S. Guzy, Chief, Rules and

Publications Staff, telephone number (303) 231-3432, fax (303) 231-

3385, e-mail RMP.[email protected].

SUPPLEMENTARY INFORMATION: MMS is reopening the comment period for the

February 6 second supplementary proposed rulemaking for a two-week

period from July 9 to July 24. All comments received during this

comment period will be posted on MMS's web site at http://

www.rmp.mms.gov/library/readroom/readrm.htm. It is unnecessary to

resubmit comments previously submitted regarding this rulemaking.

Dated: July 2, 1998.

Phillip D. Sykora,

Acting Associate Director for Royalty Management.

[FR Doc. 98-18051 Filed 7-7-98; 8:45 am]

BILLING CODE 4310-MR-P