[Federal Register: May 5, 1999 (Volume 64, Number 86)] [Notices] [Page 24169-24170] From the Federal Register Online via GPO Access [wais.access.gpo.gov] [DOCID:fr05my99-75] ----------------------------------------------------------------------- DEPARTMENT OF THE INTERIOR Bureau of Land Management [NM-930-1310-01; TXNM 96122] Notice of Proposed Reinstatement of Terminated Oil and Gas Lease; New Mexico AGENCY: Bureau of Land Management, Interior. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: Under the provisions of Public Law 97-451, a petition for reinstatement of Oil and Gas Lease TXNM 96122, for lands in Montgomery County, Texas, was timely filed and was accompanied by all required rentals and royalties accruing from December 1, 1998, 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 $10.00 per acre and 16\2/3\ percent, respectively. The lessee has paid the required $500.00 administrative fee and has reimbursed the Bureau of Land Management for the cost of this Federal Register notice. The lessee has met all the requirements for reinstatement of the lease as set out in Section 31(d) and (e) of the Mineral Leasing Act of 1920, as amended (30 U.S.C. 188), and the Bureau of Land Management is proposing to reinstate the lease effective December 1, 1998, subject to the original terms and conditions of the lease and the increased rental and royalty rates cited above. FOR FURTHER INFORMATION CONTACT: [[Page 24170]] Angela Trujillo, BLM, New Mexico State Office, (505) 438-7592. Dated: April 27, 1999. Angela Trujillo, Land Law Examiner, Fluids Adjudication Team. [FR Doc. 99-11262 Filed 5-4-99; 8:45 am] BILLING CODE 4310-FB-M