Summary: Proposed rule; notice of initial
regulatory flexibility and analysis. Under the requirements of the Regulatory
Flexibility Act, MMS is publishing an Initial Regulatory Flexibility Analysis (IRFA) for a
supplementary proposed rule on establishing oil value for royalty due on Indian leases.
Our purpose is to aid the public in commenting on the small business impact of this
proposed rulemaking. This notice supplements MMS's February 12, 1998, notice of proposed
rulemaking (63 FR 7089) and
the January 5, 2000, supplementary proposed rule (65 FR 403) that were published in the
Federal Register.