[Federal Register Volume 89, Number 49 (Tuesday, March 12, 2024)]
[Notices]
[Page 17878]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-05199]


-----------------------------------------------------------------------

DEPARTMENT OF THE INTERIOR

Office of Natural Resources Revenue

[Docket No. ONRR-2011-0012; DS63644000 DRT000000.CH7000 245D1113RT]


Major Portion Prices and Due Date for Additional Royalty Payments 
on Gas Produced From Indian Lands in Designated Areas That Are Not 
Associated With an Index Zone

AGENCY: Office of Natural Resources Revenue (ONRR), Interior.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: In accordance with regulations governing valuation of gas 
produced from Indian lands, ONRR is publishing this Notice in the 
Federal Register of the major portion prices applicable to calendar 
year 2022 and the date by which a lessee must pay any additional 
royalties due under major portion pricing.

DATES: The due date to pay additional royalties based on the major 
portion prices is May 31, 2024.

FOR FURTHER INFORMATION CONTACT: For questions regarding major portion 
prices, contact Robert Sudar, Market & Spatial Analytics, by telephone 
at (303) 231-3511 or email to [email protected]. For questions on 
reporting information, contact Tonisha Seader, Data Intake, 
Solutioning, and Coordination, by telephone at (303) 231-3478 or email 
to [email protected].

SUPPLEMENTARY INFORMATION: Pursuant to 30 CFR 1206.174(a)(4)(ii), ONRR 
must publish major portion prices for each designated area that is not 
associated with an index zone for each production month, as well as the 
due date to submit any additional royalty payments. If a lessee owes 
additional royalties, it must submit an amended form ONRR-2014, Report 
of Sales and Royalty Remittance, to ONRR and pay the additional 
royalties due by the due date. If a lessee fails to timely pay the 
additional royalties, late payment interest begins to accrue pursuant 
to 30 CFR 1218.54. The interest will accrue from the due date until 
ONRR receives payment.
    The table below lists major portion prices for designated areas 
that are not associated with an index zone.

            Gas Major Portion Prices ($/MMBtu) for Designated Areas Not Associated With an Index Zone
----------------------------------------------------------------------------------------------------------------
        ONRR-designated areas              Jan 2022           Feb 2022           Mar 2022           Apr 2022
----------------------------------------------------------------------------------------------------------------
Fort Berthold Reservation...........              $5.45              $5.01              $3.99              $4.57
Fort Peck Reservation...............               6.54               8.04               4.02               5.09
Navajo Allotted Leases in the Navajo               5.95               4.83               4.28               5.76
 Reservation........................
Turtle Mountain Reservation.........               5.80               4.74               4.03               3.61
----------------------------------------------------------------------------------------------------------------
ONRR-designated areas                          May 2022           Jun 2022           Jul 2022           Aug 2022
----------------------------------------------------------------------------------------------------------------
Fort Berthold Reservation...........              $6.39              $7.26              $5.53              $7.15
Fort Peck Reservation...............               6.63               7.81               5.68               7.64
Navajo Allotted Leases in the Navajo               6.81               8.30               6.35               8.39
 Reservation........................
Turtle Mountain Reservation.........               5.76               7.19               5.08               7.02
----------------------------------------------------------------------------------------------------------------
ONRR-designated areas                          Sep 2022           Oct 2022           Nov 2022           Dec 2022
----------------------------------------------------------------------------------------------------------------
Fort Berthold Reservation...........              $6.23              $4.43              $4.17              $5.50
Fort Peck Reservation...............               7.69               4.84               4.23               6.65
Navajo Allotted Leases in the Navajo               8.40               5.38               6.02              14.53
 Reservation........................
Turtle Mountain Reservation.........               7.09               4.32               3.74               6.05
----------------------------------------------------------------------------------------------------------------

    For information on how to report additional royalties due to major 
portion prices, please refer to ONRR's Dear Payor letter, dated 
December 1, 1999, which is available at https://www.onrr.gov/reporter-letters/991201.pdf.
    Authorities: Indian Mineral Leasing Act, 25 U.S.C. 396a-g; Act of 
March 3, 1909, 25 U.S.C. 396; and the Indian Mineral Development Act of 
1982, 25 U.S.C. 2103 et seq.

Howard Cantor,
Director, Office of Natural Resources Revenue.
[FR Doc. 2024-05199 Filed 3-11-24; 8:45 am]
BILLING CODE 4335-30-P