[Federal Register Volume 71, Number 26 (Wednesday, February 8, 2006)]
[Notices]
[Page 6522]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-1641]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management


Notice of Proposed Reinstatement of Terminated Oil and Gas Lease 
WYW153586

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice.

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SUMMARY: Under the provisions of section 371(a) of the Energy Policy 
Act of 2005, the lessee, Charles A. Einarsen, timely filed a petition 
for reinstatement of competitive oil and gas lease WYW153586 in Natrona 
County, Wyoming. The lessee paid the required rental accruing from the 
date of termination, September 1, 2002, and submitted a signed 
agreement, specifying future rental and royalty rates for this lease 
would be at $10.00 per acre or fraction of an acre and 16\2/3\ percent 
respectively. In accordance with 43 CFR 3103.4-1 and 43 CFR 3108.2-3(f) 
the lessee petitioned to reduce the rental and royalty rates for the 
subject lease to the rates specified in sections 1 and 2 of the 
original lease agreement and submitted justification and 
rationalization for the request. After thoroughly reviewing the 
lessee's petition and taking into consideration the information 
submitted, we have granted the request to reduce the rental rates to 
those in Section 1 of the original lease agreement but have denied the 
request for a reduced royalty rate. The purpose of granting a reduced 
royalty rate is to extend the productive life of an existing well. 
Normally it cannot be determined whether a lease can be successfully 
operated at the higher royalty rate required for reinstated leases 
until the lease has been fully developed. Because the productivity of 
the leasehold has not been fully determined, the request for a reduced 
royalty rate is premature.
    No leases were issued that affect these lands. The lessee had paid 
the required $500 administrative fee for lease reinstatement and $166 
cost for publishing this Notice.
    The lessee has met all the requirements for reinstatement of the 
lease per Sec. 31(e) of the Mineral Leasing Act of 1920 (30 U.S.C. 
188(e)). We are proposing to reinstate the lease, effective the date of 
termination subject to:
     The original terms and conditions of the lease;
     The rental rates specified in section 1 of the original 
lease agreement; and
     The increased royalty of 16\2/3\ percent or 4 percentages 
above the existing competitive royalty rate.

FOR FURTHER INFORMATION CONTACT: Bureau of Land Management, Pamela J. 
Lewis, Chief, Branch of Fluid Minerals Adjudication, at (307) 775-6176.

Pamela J. Lewis,
Chief, Branch of Fluid Minerals Adjudication.
[FR Doc. E6-1641 Filed 2-7-06; 8:45 am]
BILLING CODE 4310-22-P