[Federal Register Volume 79, Number 56 (Monday, March 24, 2014)]
[Notices]
[Pages 16053-16054]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-06286]


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DEPARTMENT OF THE INTERIOR

Office of Natural Resources Revenue

[Docket No. ONRR-2011-0012; DS63610000 DR2PS0000.CH7000 145DO102R2]


Major Portion Prices and Due Date for Additional Royalty Payments 
on Indian Gas Production in Designated Areas Not Associated With an 
Index Zone

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

ACTION: Notice.

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SUMMARY: Final regulations for valuing gas produced from Indian leases, 
published August 10, 1999, require ONRR to determine major portion 
prices and notify industry by publishing the prices in the Federal 
Register. The regulations also require ONRR to publish a due date for 
industry to pay additional royalties based on the major portion prices. 
This notice provides major portion prices for the 12 months of calendar 
year 2012.

DATES: The due date to pay additional royalties based on the major 
portion prices is May 31, 2014.

FOR FURTHER INFORMATION CONTACT: Michael Curry, Manager, Denver B, 
Western Audit & Compliance, ONRR; telephone (303) 231-3741; fax number 
(303) 231-3473; email [email protected]; or Rob Francoeur, Denver 
B, Team 2, Western Audit & Compliance, ONRR; telephone (303) 231-3723; 
fax (303) 231-3473; email [email protected]. Mailing address: 
Office of Natural Resources Revenue, Western Audit and Compliance 
Management, Denver B, P.O. Box 25165, MS 62520B, Denver, Colorado 
80225-0165.

SUPPLEMENTARY INFORMATION: On August 10, 1999, ONRR published a final 
rule titled ``Amendments to Gas Valuation Regulations for Indian 
Leases'' effective January 1, 2000 (64 FR 43506). The gas valuation 
regulations apply to all gas production from Indian (tribal or 
allotted) oil and gas leases, except leases on the Osage Indian 
Reservation.
    The regulations require ONRR to publish major portion prices for 
each designated area not associated with an index zone for each 
production month beginning January 2000, as well as the due date for 
additional royalty payments. See 30 CFR 1206.174(a)(4)(ii). If you owe 
additional royalties based on a published major portion price, you must 
submit to ONRR by the due date an amended Form ONRR-2014, Report of 
Sales and Royalty Remittance (formerly Form MMS-2014). If you do not 
pay the additional royalties by the due date, ONRR will bill you late 
payment interest under 30 CFR 1218.54. The interest will accrue from 
the due date until ONRR receives your payment and an amended Form ONRR-
2014. The table below lists the major portion prices for all designated 
areas not associated with an index zone. The due date is the end of the 
month following 60 days after the publication date of this notice.

            Gas Major Portion Prices ($/MMBtu) for Designated Areas Not Associated With an Index Zone
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              ONRR-Designated areas                  Jan 2012        Feb 2012        Mar 2012        Apr 2012
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Blackfeet Reservation...........................            2.07            1.84            1.56            1.40
Fort Belknap....................................            4.58            4.44            4.17            4.15
Fort Berthold...................................            4.06            3.82            4.05            3.36
Fort Peck Reservation...........................            5.22            5.17            5.09            4.14
Navajo Allotted Leases in the Navajo Reservation            3.29            2.70            2.50            2.02
Turtle Mountain Reservation.....................            4.40            4.57            4.85            4.06
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              ONRR-Designated areas                  May 2012        Jun 2012        Jul 2012        Aug 2012
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Blackfeet Reservation...........................            1.65            1.52            1.90            1.88
Fort Belknap....................................            4.11            4.31            4.47            4.54
Fort Berthold...................................            2.85            2.36            2.68            2.96
Fort Peck Reservation...........................            4.27            3.69            4.30            4.36
Navajo Allotted Leases in the Navajo Reservation            2.09            2.52            2.64            2.83

[[Page 16054]]

 
Turtle Mountain Reservation.....................            3.47            2.96            3.33            3.91
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              ONRR-Designated areas                  Sep 2012        Oct 2012        Nov 2012        Dec 2012
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Blackfeet Reservation...........................            1.91            2.68            2.90            2.75
Fort Belknap....................................            4.39            4.61            4.82            4.83
Fort Berthold...................................            2.92            3.06            3.64            3.77
Fort Peck Reservation...........................            4.32            4.41            5.00            5.05
Navajo Allotted Leases in the Navajo Reservation            2.53            2.91            3.44            3.56
Turtle Mountain Reservation.....................            3.79            3.87            4.15            4.52
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    For information on how to report additional royalties due to major 
portion prices, please refer to our Dear Payor letter dated December 1, 
1999, on the ONRR Web site at http://www.onrr.gov/ReportPay/PDFDocs/991201.pdf

     Dated: February 25, 2014.
Gregory J. Gould,
Director, Office of Natural Resources Revenue.
[FR Doc. 2014-06286 Filed 3-21-14; 8:45 am]
BILLING CODE 4310-T2-P