96-2131. Notice of Proposed Reinstatement of Terminated Oil and Gas Lease; New Mexico

[Federal Register Volume 61, Number 22 (Thursday, February 1, 1996)]
[Notices]
[Page 3728]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-2131]



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DEPARTMENT OF THE INTERIOR
[NM-932-1310-01; TXNM 26413]


Notice of Proposed Reinstatement of Terminated Oil and Gas Lease; 
New Mexico

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice.

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SUMMARY: Under the provisions of Public Law 97-451, a petition for 
reinstatement of Oil and Gas Lease TXNM 26413, Shelby County, Texas, 
was timely filed and was accompanied by all required rentals and 
royalties accruing from October 1, 1995, the date of the termination. 
No valid lease has been issued affecting the land. The lessee(s) have 
agreed to new lease terms for rentals and royalties at rates of $5.00 
per acre, or fraction thereof, and 16\2/3\ percent, respectively. 
Payment of a $500.00 administrative fee has been made. Having met all 
the requirement for reinstatement of the lease as set in Section 31 (d) 
and (e) of the Mineral Leasing Act of 1920, as amended (30 U.S.C. 188 
(d) and (e)), the Bureau of Land Management is proposing to reinstate 
the lease effective October 1, 1995, subject to the original terms and 
conditions of the lease and the increased rental and royalty rates 
cited above, and the reimbursement for cost of publication of this 
Notice.

FOR FURTHER INFORMATION CONTACT:
Lourdes B. Ortiz, BLM, New Mexico State Office, [phone].


    Dated: January 25, 1996.
Lourdes B. Ortiz,
Land Law Examiner, Fluids Adjudication Team.
[FR Doc. 96-2131 Filed 1-31-96; 8:45 am]
BILLING CODE 4310-FB-M