Oil and Gas Royalties

Released on by Frank Rusco
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  • Oil and Gas Royalties Book Detail

  • Author : Frank Rusco
  • Release Date : 2009-03
  • Publisher : DIANE Publishing
  • Genre : Technology & Engineering
  • Pages : 17
  • ISBN 13 : 1437906303
  • File Size : 9,9 MB
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Oil and Gas Royalties by Frank Rusco PDF Summary

Book Description: Every 5 years, the fed. gov¿t. decides the areas in the offshore waters of the U.S. it will offer for leasing and establishes a schedule for individual lease sales, conducted by the Minerals Mgmt. Service. It¿s failure to include price thresholds on leases issued in 1998 and 1999 would likely cost the fed. gov¿t. billions of dollars in forgone royalties. This report: illustrates the potential loss of royalties because of the absence of price thresholds in leases issued in 1998 and 1999; and provides an update of the possible consequences of Kerr-McGee¿s legal challenge on royalties already collected and evaluates the potential for additional forgone royalties if price thresholds no longer apply to future production from the 1996, 1997, and 2000 DWRRA leases.

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Oil and Gas Royalties

Oil and Gas Royalties

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Every 5 years, the fed. gov¿t. decides the areas in the offshore waters of the U.S. it will offer for leasing and establishes a schedule for individual lease s

Oil and Gas Royalties

Oil and Gas Royalties

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In FY 2007, the Minerals Mgmt. Service (MMS) collected over $9 billion in oil and natural gas royalties and disbursed these funds to fed., state, and tribal acc

Oil and Gas Royalties

Oil and Gas Royalties

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Amid rising oil & gas prices & reports of record oil industry profits, a number of gov'ts., such as the State of Alaska, have taken steps to reevaluate &, in so

Oil and Gas Royalties

Oil and Gas Royalties

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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.