[Federal Register Volume 62, Number 24 (Wednesday, February 5, 1997)]
[Proposed Rules]
[Pages 5355-5356]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-2801]


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DEPARTMENT OF THE INTERIOR

Minerals Management Service

30 CFR Part 206 and 208

RIN 1010-AC09


Meeting on Proposed Rule--Oil Valuation Establishment; Federal 
Royalty and Federal Leases Royalty Oil Sales

AGENCY: Minerals Management Service, Interior.

ACTION: Notice of meetings.

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SUMMARY: The Minerals Management Service (MMS) will hold public 
meetings in Denver, Colorado, and Houston, Texas, to discuss a proposed 
rulemaking regarding the valuation of crude oil and royalty oil sales 
produced from mineral leases on Federal land. The proposal was 
published in the Federal Register on January 24, 1997 (62 FR 3741). The 
proposed rule would replace existing valuation regulations and 
represents the recommendations of the MMS Oil Valuation Rulemaking 
Committee. This proposed rule also contains a new MMS form and solicits 
comments on this information collection. Comments on this rule must be 
submitted to MMS by March 25, 1997. The purpose of these meetings is to 
explain the proposed changes to the regulations governing the valuation 
for royalty purposes of crude oil produced from Federal leases and 
allow all interested parties to discuss the

[[Page 5356]]

proposed rulemaking. Interested parties are invited to attend and 
participate at these meetings.

DATES: Public meetings will be held in Houston on February 25, 1997, 
from 10 a.m. to 4 p.m. Central time; and in Lakewood, Colorado on March 
4, 1997, from 10 a.m. to 4 p.m. Mountain time.

ADDRESSES: The Houston Meeting will be held in the Houston Compliance 
Division Office, Minerals Management Service, 4141 North Sam Houston 
Parkway East, Houston, Texas 77032 Phone: (281) 987-6802.
    The Denver Meeting will be held in the Veterans Affairs Building, 
155 N. Van Gordon St., Lakewood, Colorado 80228 Phone: (303) 914-5800.
    To make reservations contact Mary Kay Reynolds at (303) 275-7252 at 
least 2 days prior to the meeting you will be attending.

FOR FURTHER INFORMATION CONTACT: David S. Guzy, Chief, Rules and 
Publications Staff, Minerals Management Service, Royalty Management 
Program, P.O. Box 25165, MS 3101, Denver, Colorado 80225-0165, 
telephone (303) 231-3432, fax number (303) 231-3194, e-Mail 
David__G[email protected].

SUPPLEMENTARY INFORMATION: The meetings will be open to the public 
without advance registration. Public attendance may be limited to the 
space available. For building security measures, each person may be 
required to present a picture identification to gain entry to the 
meeting.
    The meeting will be organized into two sessions:
     MMS presentation of proposed rule, 10 a.m. to noon
     Public commenting on proposed rule, 1 p.m. to 4 p.m.
    Members of the public may make statements during the meeting and 
are encouraged to file written statements for consideration.

    Dated: January 30, 1997.
Lucy R. Querques,
Associate Director for Royalty Management.
[FR Doc. 97-2801 Filed 2-4-97; 8:45 am]
BILLING CODE 4310-MR-P