[Federal Register Volume 60, Number 105 (Thursday, June 1, 1995)] [Notices] [Page 28624] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 95-13480] ----------------------------------------------------------------------- DEPARTMENT OF THE INTERIOR Minerals Management Service Information Collection Submitted to the Office of Management and Budget for Review Under the Paperwork Reduction Act The supporting statement for a new form, MMS-4398, Notice of Intent to Take Oil and Gas Transportation and Processing Allowance, has been submitted to the Office of Management and Budget (OMB) for approval under the provisions of the Paperwork Reduction Act (44 U.S.C. Chapter 35). Copies of the new form and related explanatory material may be obtained by contacting Dennis Jones at (303) 231-3046. Comments and suggestions on the new form should be made directly to the Bureau Clearance Officer at the telephone number listed below, and to the OMB Paperwork Reduction Project, Washington, D.C. 20503, telephone (202) 395-7340. Title: Supporting Statement for Notice of Intent to Take Oil and Gas Transportation and Processing Allowance. Abstract: The Minerals Management Service (MMS) is amending its valuation regulations governing oil and gas transportation and processing allowances, particularly as they relate to forms filing requirements and associated sanctions for failure to file required forms on time. Because MMS has experienced numerous problems with administration of the allowance regulations, an Allowance Study Group composed of representatives from MMS, States and Tribes, and industry was formed to evaluate the current regulatory requirements. Based on the recommendations of the Study Group, MMS is amending its valuation regulations and has developed a new form, the Notice of Intent to Take Oil and Gas Transportation and Processing Allowance, Form MMS-4398. The new form will be used to notify MMS of a company's intention to take transportation and processing allowances. It will eliminate the need to report estimated allowances and other data and will reduce burden on the payor Bureau Form Number: MMS-4398. Frequency: Annually or during the year prior to claiming an allowance. Description of Respondents: Oil and gas companies. Estimated Average Completion Time: 30 minutes. Annual Responses: 583. Annual Burden Hours: 292. Bureau Clearance Officer: Arthur Quintana (703) 787-1101. Dated: May 10, 1995. Donald T. Sant, Acting Associate Director for Royalty Management. [FR Doc. 95-13480 Filed 5-31-95; 8:45 am] BILLING CODE 4310-MR-M