Oil and gas leases: New Mexico,

[Federal Register: November 24, 2000 (Volume 65, Number 227)]

[Notices]

[Page 70609]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr24no00-82]

DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[(NM-930-1310-01); (NMNM 28813)]

New Mexico: Proposed Reinstatement of Terminated Oil and Gas Lease

Under the provisions of Public Law 97-451, a petition for reinstatement of oil and gas lease NMNM 28813 for lands in Rio Arriba County, New Mexico, was timely filedand was accompanied by all required rentals and royalties accruing from May 1, 2000, the date of termination.

No valid lease has been issued affecting the lands. The lessee has agreed to new lease terms for rentals and royalties at rates of $5.00 per acre or fraction thereof and 16\2/3\ percent, respectively. The lessee has paid the required $500 administrative fee and has reimbursed the Bureau of Land Management for the cost of the Federal Register notice.

The Lessee has met all the requirements for reinstatement of the lease as set out in sections 31(d) and (e) of the Mineral Leasing Act of 1920 (30 U.S.C. 188), and the Bureau of Land Management is proposing to reinstate the lease effective May 1, 2000, subject to the original terms and conditions of the lease and the increased rental and royalty rates cited above.

For further information contact: Lourdes B. Ortiz, BLM, New Mexico State Office, (505) 438-7586.

Dated: November 6, 2000. Lourdes B. Ortiz, Land Law Examiner.

[FR Doc. 00-29977Filed11-22-00; 8:45 am]

BILLING CODE 4310-FB-M