[Federal Register Volume 63, Number 98 (Thursday, May 21, 1998)]
[Notices]
[Page 27999]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-13475]
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DEPARTMENT OF THE INTERIOR
Minerals Management Service
Agency Information Collection Activities: Submitted for Office of
Management and Budget Review; Comment Request
Title: Stripper Royalty Rate Reduction Notification (Form MMS-
4377).
OMB Control Number: 1010-0090.
Comments: This collection of information has been submitted to the
Office of Management and Budget (OMB) for approval of an extension of a
currently approved information collection. In compliance with the
Paperwork Reduction Act of 1995, Section 3506 (c)(2)(A), we are
notifying you, members of the public and affected agencies, of this
collection of information, and are inviting your comments. Is this
information collection necessary for us to properly do our job? Have we
accurately estimated the public's burden for responding to this
collection? Can we enhance the quality, utility, and clarity of the
information we collect? Can we lessen the burden of this information
collection on the respondents by using automated collection techniques
or other forms of information technology?
Comments should be made directly to the Attention: Desk Officer for
the Interior Department, Office of Information and Regulatory Affairs,
Office of Management and Budget (OMB Control Number 1010-0090),
Washington, DC 20503; telephone (202) 395-7340. Copies of these
comments should also be sent to us. The U.S. Postal Service address is
Minerals Management Service, Royalty Management Program, Rules and
Publications Staff, P.O.Box 25165, MS-3021, Denver, Colorado 80225-
0165; the courier address is Building 85, Room A-613, Denver Federal
Center, Denver, Colorado 80225; and the e-Mail address is
RMP.comments@mms.gov. OMB has up to 60 days to approve or disapprove
the information collection but may respond after 30 days; therefore,
public comments should be submitted to OMB within 30 days in order to
assure their maximum consideration.
Copies of the proposed information collection and related
explanatory material may be obtained by contacting Dennis C. Jones,
Rules and Publications Staff, telephone (303) 231-3046, FAX (303) 231-
3385, e-Mail Dennis.C.Jones@mms.gov.
DATES: Written comments should be received on or before June 22, 1998.
SUMMARY: To encourage continued production, provide an incentive for
enhanced oil recovery projects, discourage abandonment of properties
producing less than 15 barrels of oil per well-day, and reduce the
operator's expenses, the Bureau of Land Management (BLM) will grant
royalty rate reductions to operators of stripper oil properties. BLM
amended 43 CFR 3103.4-2 to establish the conditions under which an
operator or owner of a stripper oil property can obtain a reduction in
the royalty rate for a property producing less than 15 barrels of oil
per well-day. The amended regulations provided instructions for
calculation of royalty rates based on the property's annual production
rate.
Operators are then required to notify the Minerals Management
Service (MMS) of the reduced royalty rate using Form MMS-4377, Stripper
Royalty Rate Reduction Notification. The form requires identification
of the operator, name of the contact person, lease and agreement
numbers, calculated royalty rate, current royalty rate, qualifying
period, and effective date of royalty rate reduction. MMS uses the
information provided on the form to update the database with accepted
reduced royalty rates. The reduced royalty rate will become effective
for all oil production from qualifying properties the first day of the
month after MMS receives notification of the rate change.
Description of Respondents: Operators of low producing oil wells.
Frequency of Response: Annually.
Annual Recordkeeping Burden: 200 hours.
Annual Responses: 800.
Annual Burden Hours: 600 hours.
Bureau Clearance Officer: Jo Ann Lauterbach (202) 208-7744.
Dated: April 23, 1998.
Lucy Querques Denett,
Associate Director for Royalty Management.
[FR Doc. 98-13475 Filed 5-20-98; 8:45 am]
BILLING CODE 4310-MR-P