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U.S. Department of the Interior |
| FOR RELEASE: | January 1999 |
MMS Schedules Workshop to Discuss Proposed Revisions
to MMS Form 2005, the Lease Document
MMS has determined that Form MMS-2005, the lease document, needs revision due to changes in regulations since it was last reviewed in 1986. MMS has revised the form to reflect plain language and has rewritten it for clarity and organization. To reduce the need for future revisions to the document due to changes in regulations, MMS refers the Lessee to applicable laws, and rules and regulations of the Department. Much of the wording of existing Form MMS 2005 that specifically cites, incorporates by reference, or restates statutory and regulatory requirements are therefore deleted from the proposed revision.
The revised form may be found under the Federal Register Notice, November 9, 1998 (Volume 63, Number 216) Page 60380-60383.
MMS will be conducting a Public Workshop to receive comments on Thursday, January 21, 1999, at MMS offices located at 1201 Elmwood Park Boulevard, New Orleans, Louisiana, beginning at 8:00 a.m. and ending at 3:00 p. m. No reservations are required. Please contact Steve Waddell (504) 736-1710 if you need additional information.
The MMS is the Federal Agency that manages the Nations natural gas, oil and other mineral resources on the OCS, and collects, accounts for and distributes about $6 billion in revenues from Federal offshore mineral leases and from onshore mineral leases on Federal and Indian lands.
-MMS-GOM-
MMS's Website Address: www.mms.gov
24 Hour Fax-on-Demand Service: 202-219-1703