98-7696. Utah; Proposed Reinstatement of Terminated Oil and Gas Leases

[Federal Register Volume 63, Number 57 (Wednesday, March 25, 1998)]
[Notices]
[Page 14473]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-7696]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management
[UTU-51515, UTU-54044, UTU-56984]


Utah; Proposed Reinstatement of Terminated Oil and Gas Leases

    In accordance with Title IV of the Federal Oil and Gas Royalty 
Management Act (Pub. L. 97-451), a petition for reinstatement of oil 
and gas leases UTU-51515, UTU-54044, and UTU-56984 for lands in Summit 
County, Utah, was timely filed and required rentals accruing from 
October 1, 1998, the date of termination, have been paid.
    The lessees have agreed to new lease terms for rentals and 
royalties at rates of $5 per acre and 16\2/3\ percent, respectively. 
The $500 administrative fee in the amount of $500 for each lease has 
been paid and the lessees have reimbursed the Bureau of Land Management 
for the cost of publishing this notice.
    Having met all the requirements for reinstatement of these leases 
as set out in Section 31 (d) and (e) of the Mineral Leasing Act of 1920 
(30 U.S.C. 188), the Bureau of Land Management is proposing to 
reinstate leases UTU-51515, UTU-54044, and UTU-56984, effective October 
1, 1997, subject to the original terms and conditions of the leases and 
the increased rental and royalty rate cited above.
Robert Lopez,
Group Leader, Minerals Adjudication Group.
[FR Doc. 98-7696 Filed 3-24-98; 8:45 am]
BILLING CODE 4310-DQ-M