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Public Comments
Bonus or Royalty Credits
for Relinquishing Certain Leases Offshore Florida 
(81 KB)
Regulatory Identifier Number (RIN) 1010-AD44
Federal Register: Vol. 73, No. 22, FR 6073
(02/01/2008)
Summary: The MMS proposes to amend its
regulations for oil and gas leases on the Outer Continental Shelf to
implement a mandate in the Gulf of Mexico Energy Security Act of 2006. This
proposed rule would (1) provide a credit to lessees who relinquish certain
eligible leases in the Gulf of Mexico; (2) define eligible leases as those
within 125 miles of the Florida coast in the Eastern Planning Area and
certain leases within 100 miles of the Florida coast in the Central Planning
Area; and (3) allow lessees to use the credits in lieu of monetary payment
for either a lease bonus bid or royalty due on oil and gas production from
most other leases in the Gulf of Mexico or to transfer the credits to other
Gulf of Mexico lessees for their use.
All the links below are Adobe's PDF files
. This page contains the public comments on this
proposed rule received from:
Do you need more information about
offshore rulemakings or other
proposals? Our Rules Processing Team
can help you, either by e-mail, fax, or phone.
Do you need
information about royalty management rulemakings or other proposals? The Legal Room contains information
on those proposals. If you're interested in seeing public comments about those proposals,
the Royalty Management Reading Room
is the place for you.
Last Updated:
06/04/2009,
11:13 AM
Central Time |
