SUPPLEMENTARY INFORMATION:

On August 10, 1999, ONRR's predecessor, the Minerals Management Service, published a final rule titled “Amendments to Gas Valuation Regulations for Indian Leases” effective January 1, 2000 (64 FR 43506). The gas valuation regulations apply to all gas production from Indian (Tribal or allotted) oil and gas leases, except leases on the Osage Indian Reservation.

The regulations require ONRR to publish major portion prices for each designated area not associated with an index zone for each production month beginning January 2000, as well as the due date for additional royalty payments. See30 CFR 1206.174(a)(4)(ii). If you owe additional royalties based on ( printed page 20163) a published major portion price, you must submit to ONRR, by the due date, an amended form ONRR-2014, Report of Sales and Royalty Remittance. If you do not pay the additional royalties by the due date, ONRR will bill you late payment interest under 30 CFR 1218.54. The interest will accrue from the due date until ONRR receives your payment and an amended form ONRR-2014. The table below lists the major portion prices for all designated areas not associated with an index zone. The due date is the end of the month, following 60 days after the publication date of this notice in the Federal Register .

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 ONRR website at http://www.onrr.gov/​ReportPay/​PDFDocs/​991201.pdf.

Authorities: Mineral Leasing Act of 1920, 30 U.S.C. 181 et seq.; Indian Mineral Development Act of 1920, 30 U.S.C. 2103 et seq.; Federal Oil and Gas Royalty Management Act of 1982, 30 U.S.C. 1701 et seq.

84 FR 20162