Download or read book Federal Oil and Gas Management Opportunities Exist to Improve Oversight written by Frank Rusco and published by DIANE Publishing. This book was released on 2010-06 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: In FY 2008, the Dept. of the Interior collected over $22 billion in royalties and other fees related to oil and gas. Within Interior, the Bureau of Land Mgmt. manages onshore fed. oil and gas leases, and the Minerals Mgmt. Service¿s (MMS) manages offshore leases. A fed. lease gives the lessee rights to explore for and develop the lease¿s oil and gas resources. MMS is responsible for collecting royalties for oil and gas produced from both onshore and offshore leases. This report focus on Interior¿s: (1) policies for oil and gas leasing; (2) oversight of oil and gas production; (3) royalty regime and policies to boost oil and gas development; (4) oil and gas information technology systems; and (5) royalty-in-kind program. Charts and tables.

Download or read book The Federal Simultaneous Oil and Gas Leasing System written by and published by . This book was released on 1983 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Oil and Gas Royalties written by Alice Briggs and published by Nova Science Publishers. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production of oil and natural gas from leased federal lands and waters is a significant source of revenue for the federal government. The Government Accountability Office (GAO) has issued many reports on Interior's management of federal oil and gas resources, including its programs for verifying oil and gas production volumes and ensuring accurate royalty collections. These reports raised questions about whether the government was collecting all the revenue it was due and included 36 recommendations to strengthen royalty collection, among other things. In 2011, GAO added Interior's management of federal oil and gas resources to its list of programs at high risk of fraud, waste, abuse, and mismanagement. This book examines efforts Interior has taken since fiscal year 2009 and the reasonableness and completeness of Interior's royalty data. The book also assesses the extent to which Interior's production verification regulations and policies provide reasonable assurance that oil and gas are accurately measured; the extent to which Interior's offshore and onshore production accountability inspection programs consistently set and meet program goals and address key factors affecting measurement accuracy; and Interior's management of its production verification programs. Finally, it provides a descriptive update on Interior's Minerals Management Service's (MMS) key efforts to improve the accuracy of oil and gas royalty data; the assessment of the completeness and reasonableness of fiscal years 2006 and 2007 oil and gas royalty datathe latest data available; and factors identified by oil and gas companies that affect their ability to accurately report royalties owed to the federal government.

Download or read book Oil and Gas Royalties written by Frank W. Rusco and published by DIANE Publishing. This book was released on 2009-02 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: In FY 2007, domestic and foreign co. received over $75 billion from the sale of oil and gas produced from fed. lands and waters. These co. paid the fed. gov¿t. $9 billion in royalties for this dev¿t. The gov¿t. also collects other revenues, and the sum of all revenues received is referred to as the ¿gov¿t. take (GT).¿ The terms and conditions under which the gov¿t. collects these revenues are referred to as the ¿oil and gas fiscal system (OGFS).¿ This report: (1) evaluates GT and the attractiveness for investors of the fed. oil and gas fiscal system; (2) evaluates how the absence of flexibility in this system has led to large foregone revenues; and (3) assesses what has been done to monitor the performance and appropriateness of the OGFS. Illustrations.

Download or read book Law of Federal Oil and Gas Leases written by Rocky Mountain Mineral Law Foundation and published by . This book was released on 1964 with total page 874 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Land Use Planning and Oil and Gas Leasing on Onshore Federal Lands written by National Research Council (U.S.). Committee on Onshore Oil and Gas Leasing and published by National Academies. This book was released on 1989 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Oil and Gas Leasing Act of 1979 written by United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Resources and Materials Production and published by . This book was released on 1980 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Report to the Federal Trade Commission on Federal Energy Land Policy written by United States. Bureau of Competition and published by . This book was released on 1976 with total page 982 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Naval Petroleum Reserves written by United States. Congress. House. Committee on Armed Services and published by . This book was released on 1953 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Oversight Hearings on Royalty in kind for Federal Oil and Gas Production written by United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources and published by . This book was released on 1997 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Report of the Federal Oil Conservation Board to the President of the United States written by United States. Federal Oil Conservation Board and published by . This book was released on 1926 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book BLM Oil and Gas written by United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources and published by . This book was released on 1996 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Are Leaseholders Adequately Exploring for Oil and Gas on Federal Lands written by United States. General Accounting Office and published by . This book was released on 1982 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Collection and Disposition of Federal Oil and Gas Royalties Taken In kind written by United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources and published by . This book was released on 2002 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Oil and Gas in Federal Systems written by George Anderson and published by OUP Canada. This book was released on 2012-08-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil and Gas in Federal Systems, the first book-length work of its kind, presents a unique examination of the economic and political consequences of the world's reliance on fossil fuels. Twenty-four respected scholars in the areas of petroleum policy and federal systems examine in detail oil and gas management and revenue regimes in a dozen key federations: Argentina, Australia, Brazil, Canada, India, Malaysia, Mexico, Nigeria, Pakistan, Russia, the United States, and Venezuela. The history and development of each country's oil and gas industry is placed within the broader context of that nation's overall economic and political development.

Download or read book Federal Oil Conservation Board written by United States. Federal Oil Conservation Board and published by . This book was released on 1926 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Environmental Assessment Study written by and published by . This book was released on 1974 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: