Amendments to Transportation Allowance Regulations for Federal and Indian Leases to Specify Allowable Costs and Related Amendments To Gas Valuation Regulations

Resumo

The Minerals Management Service (MMS) is amending its regulations governing valuation for royalty purposes of gas produced from Federal and Indian leases. The rule primarily addresses allowances for transportation of gas. The amendments clarify the methods by which gas royalties and deductions for gas transportation are calculated.