[Federal Register Volume 69, Number 49 (Friday, March 12, 2004)]
[Notices]
[Pages 11881-11882]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-5626]


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DEPARTMENT OF THE INTERIOR

Minerals Management Service


Final Wyoming Oil and Texas Section 8(g) Natural Gas Royalty-In-
Kind Pilot Reports

AGENCY: Minerals Management Service (MMS), Interior.

ACTION: Notice of availability of oil and natural gas royalty-in-kind 
pilot reports.

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SUMMARY: The MMS will post on MMS's Internet Home Page two reports. The 
first report evaluates oil sold in kind in Wyoming. The second report 
evaluates gas sold in kind through a pilot program undertaken by MMS 
and the State of Texas.

DATES: The Reports will be posted on the MMS's Internet Home Page on 
March 12, 2004.

ADDRESSES: The Reports will be posted on Minerals Revenue Management's 
Home Page at http://www.mrm.mms.gov under ``What's New.'' The Reports 
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: The MMS in conjunction with the State of 
Wyoming for oil and the State of Texas

[[Page 11882]]

for gas from section 8(g) leases in the Gulf of Mexico initiated the 
pilots as part of the continuing effort to follow through on the 
recommendations of the Royalty-In-Kind Feasibility Study published by 
MMS in 1997. Both reports have been previously released as drafts. The 
MMS received relatively few comments.
    In Wyoming, the MMS coordinated with the State and began taking in 
kind and offering for sale oil from leases in the Big Horn and Powder 
River Basins in October 1998. The Report summarizes and analyzes the 
results of the first three 6-month sales. The Report includes an 
addendum responding to comments received concerning the indices used in 
the analysis.
    The gas RIK pilot undertaken jointly by the State of Texas General 
Land Office and MMS, began in June 1999. The pilot included 13 of the 
40 leases offshore Texas subject to section 8(g) of the OCS Lands Act. 
The Report summarizes and analyzes the results of the sales for the 
first 19 months--June 1999 through December 2000.
    Many of the lessons learned during the Wyoming oil and the Texas 
8(g) pilots have been carried over to the expansion of the gas RIK 
pilots to the entire Gulf of Mexico (GOM).
    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 1, 2004.
R. M. ``Johnnie'' Burton,
Director, Minerals Management Service.
[FR Doc. 04-5626 Filed 3-11-04; 8:45 am]
BILLING CODE 4310-MR-P