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Author: Frank Rusco
Publisher: DIANE Publishing
ISBN: 1437922392
Category : Technology & Engineering
Languages : en
Pages : 20
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Book Description
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.
Author: Frank Rusco
Publisher: DIANE Publishing
ISBN: 1437922392
Category : Technology & Engineering
Languages : en
Pages : 20
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Book Description
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.
Author: Frank Rusco
Publisher: DIANE Publishing
ISBN: 143793515X
Category : Technology & Engineering
Languages : en
Pages : 22
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Book Description
The catastrophic oil spill in the Gulf of Mexico has drawn national attention to the exploration and production of oil and gas from leases on federal lands and waters. Several bureaus of the Dept. of the Interior oversee onshore and offshore oil and gas activities, and collects revenues from oil and gas produced. In response to the recent oil spill, the Sec. of the Interior has proposed reorg. several bureaus. This testimony explains how the auditor¿s recommend. can provide guidance on how to achieve effective oversight of federal oil and gas management by improving: (1) technical expertise in the agency; (2) performance of analyses and reviews; (3) enforcement of laws and reg¿s.; (4) public access to info.; and (5) the degree of independence in the agency. Illus.
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781719367523
Category :
Languages : en
Pages : 34
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Book Description
Federal Oil And Gas Management: Opportunities Exist to Improve Oversight
Author: Frank W. Rusco
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781719148320
Category :
Languages : en
Pages : 26
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Book Description
Oil and Gas Management: Federal Oil and Gas Resource Management and Revenue Collection In Need of Stronger Oversight and Comprehensive Reassessment
Author: National Research Council (U.S.). Committee on Onshore Oil and Gas Leasing
Publisher: National Academies
ISBN:
Category : Oil and gas leases
Languages : en
Pages : 24
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Book Description
Author: Frank Rusco
Publisher: DIANE Publishing
ISBN: 1437936601
Category : Technology & Engineering
Languages : en
Pages : 28
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Book Description
The catastrophic oil spill in the Gulf of Mexico has drawn attention to the exploration and production of oil and gas from leases on federal lands and waters. The Dept. of the Interior oversees oil and gas activities on federal lands and waters. Onshore, the Bureau of Land Mgmt. has oversight responsibilities. Offshore, the newly created Bureau of Ocean Energy Mgmt., Regulation, and Enforcement(BOEMRE), has oversight responsibilities. Prior to BOEMRE, the Minerals Mgmt. Service¿s Offshore Energy and Minerals Mgmt. oversaw offshore oil and gas activities. This testimony presents the auditor¿s findings in accordance with Interior¿s organizational structure prior to establishing BOEMRE. Charts and tables.
Author:
Publisher:
ISBN:
Category : Lotteries
Languages : en
Pages : 16
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Book Description
Author: Olvia B. Wilder
Publisher: Nova Snova
ISBN: 9781536163254
Category :
Languages : en
Pages : 214
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Book Description
Chapter 1 examines how BLM's actual costs and potential oil and gas well liabilities have changed for fiscal years 2010 through 2017 and the extent to which BLM has implemented its well and bond review policies. Chapter 2 reviews oil and gas lease suspensions on federal lands managed by BLM and examines the extent of and reasons for such suspensions and the approach BLM uses to monitor the status of lease suspensions. Chapter 3 describes the distribution of BLM's oil and gas Inspection and Enforcement program's workload and workforce among agency field offices for the most recent 5 years for fiscal years 2012 through 2016 and examines the extent to which BLM conducted internal control reviews in accordance with its July 2012 oversight policy for fiscal years 2013 through 2018. U.S. oil and natural gas production has increased substantially since 2008. These increases have important policy implications for energy markets, infrastructure, security, and the environment as reported in chapter 4. Chapter 5 discusses the recent oil market trends and geopolitical factors that have contributed to price escalation since the start of 2018. Chapter 6 reviews the federal government's response, restoration, and research efforts after the Exxon Valdez and Deepwater Horizon oil spills. This chapter examines how the trustee councils have used the restoration trust funds and the status of restoration and the interagency committee's coordination of oil spill research efforts.
Author: United States Government Accountability
Publisher: CreateSpace
ISBN: 9781502991416
Category :
Languages : en
Pages : 38
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Book Description
This section describes (1) the federal oil and gas fiscal system, (2) leasing processes, and (3) the history of oil and gas management challenges. Created by Congress in 1849, Interior oversees the nation's publicly owned natural resources including parks, wildlife habitat, and crude oil and natural gas resources on millions of acres onshore and offshore in the waters of the outer continental shelf. With regard to oil and gas in particular, Interior leases federal lands and waters (also referred to as submerged lands), issues permits for oil and gas drilling, and is responsible for ensuring that the federal government receives payment from the private companies that extract oil and gas from federal leases.
