Was a collection of songs associated with Frank Sinatra enough standards from Bob Dylan?

Billboard.com reports that the most revered of contemporary songwriters is recording another album of standards at Capitol Studio in Hollywood, where he cut last year's Grammy-nominated "Shadows in the Night."

Grammy-winning engineer Al Schmitt, who worked on the "Shadows" sessions, is involved with these new recordings.

"It's going along great," Schmitt told Billboard's Melinda Newman. "He sounds great. His mood in the studio is fabulous. We're having a good time. We're like two old shoes together now, we're so comfortable with one another now."

There was no word if these are Sinatra-associated songs or a wider range of tunes from the Great American Songbook. Also there have been no announcements from Columbia Records about the project or a release date.