# Establishing Oil Value for Royalty Due on Federal Leases

> Briefs, arguments, decisions, and more.

URL: https://www.frixlaw.com/law-library/documents/fr%3A98-20149

## Record

- **Collection:** Federal Register
- **Document type:** Proposed Rule
- **Published:** July 27, 1998
- **Citation:** 63 FR 40073

## Text

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: Further supplementary proposed rule; notice of extension of
public comment period.

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SUMMARY: The Minerals Management Service (MMS) hereby gives notice that
it is extending the public comment period on a further supplementary
proposed rule, which was published in the Federal Register on July 16,
1998 (63 FR 38355). This proposal amends the royalty valuation
regulations for crude oil produced from Federal leases. MMS will extend
the comment period from July 24, 1998, to July 31, 1998.

DATES: Comments must be submitted on or before July 31, 1998.

ADDRESSES: Mail comments, suggestions, or objections about this further
supplementary proposed rule to: Minerals Management Service, Royalty
Management Program, Rules and Publications Staff, P.O. Box 25165, MS
3021, Denver, Colorado, 80225-0165. Courier address is Building 85,
Denver Federal Center, Denver, Colorado 80225. 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 number (303)
231-3385, e-mail RMP.[email protected].

SUPPLEMENTARY INFORMATION: The purpose of this time extension is to
allow the public an opportunity to comment on the recent Congressional
meetings about the proposed oil royalty valuation rule. Notes from
these meetings are posted on the MMS website at: http://
www.rmp.mms.gov/library/readroom/readrm.htm.

Dated: July 23, 1998.
R. Dale Fazio,
Acting Associate Director for Royalty Management.
[FR Doc. 98-20149 Filed 7-24-98; 8:45 am]
BILLING CODE 4310-MR-P

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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/fr%3A98-20149. Public record. Not legal advice.