[Federal Register Volume 67, Number 83 (Tuesday, April 30, 2002)]
[Notices]
[Pages 21269-21270]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-10544]


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DEPARTMENT OF THE INTERIOR

Minerals Management Service


Texas Section 8(g) Natural Gas Royalty-In-Kind Pilot Report--
Evaluation of the 19-Month Period (June 1999-December 2000)

AGENCY: Minerals Management Service, Interior.

ACTION: Notice of Availability of Natural Gas Royalty-In-Kind Pilot 
Report for Review and Comment.

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SUMMARY: The Minerals Management Service (MMS) will post on MMS's 
Internet Home Page the Texas General Land Office/Minerals Management 
Service 8(g) Gas Royalty-In-Kind (RIK) Pilot--A Report. Comments will 
be accepted electronically or in hard copy.

DATES: MMS will consider all comments we receive by June 14, 2002. The 
Report will be posted on the MMS's Internet home page on April 20, 
2002.

ADDRESSES: The Report will be posted on Minerals Revenue Management's

[[Page 21270]]

home page at http://www.mrm.mms.gov under ``What's New.'' The Report 
may also be obtained by contacting Mr. Martin C. Grieshaber at the 
address in the FURTHER INFORMATION section.

FOR FURTHER INFORMATION CONTACT: For additional information concerning 
the Report, contact Mr. Martin C. Grieshaber, Minerals Management 
Service, MS 9200, P.O. Box 25165, Denver, Co 80225-0165; telephone 
number (303) 275-7118; fax (303) 275-7124; e-mail 
[email protected].

SUPPLEMENTARY INFORMATION: Under the RIK pilot undertaken jointly by 
the State of Texas General Land Office and the Department of the 
Interior's Minerals Management Service, gas was sold beginning in June 
1999. The pilot included thirteen of the forty leases offshore Texas 
subject to section 8(g) of the OCS Lands Act. These leases were split 
into two packages `` the ``Blessing'' and the ``MOPS'' `` for purposes 
of gas sales. The Report summarizes and analyzes the results of the 
sales for the first 19 months `` June 1999 through December 2000.
    MMS and the State of Texas initiated the 8(g) gas pilot as part of 
the continuing effort to follow through on the recommendations of the 
Royalty-In-Kind Feasibility Study published by MMS in 1997. Many of the 
lessons learned during the 8(g) pilot period and subsequent sales have 
been carried over to the expansion of the gas RIK pilots to the entire 
Gulf of Mexico (GOM). MMS's intent in making the Report available for 
comment prior to finalization is to continue an iterative improvement 
process by receiving comments from individuals and groups with 
expertise in the GOM gas market.
    The internet posting and availability of the Report in hard copy 
are being announced by a press release as well as in this Federal 
Register notice.

    Dated: March 29, 2002.
Walter D. Cruickshank,
Associate Director for Policy and Management Improvement.
[FR Doc. 02-10544 Filed 4-29-02; 8:45 am]
BILLING CODE 4310-MR-P