All Posts Tagged With: "oil and gas royalty payments"

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GAO Audit Faults Royalty Measurement
for Oil and Gas

The Interior Department lags in keeping up with current technologies, not updating several measurement standards in 20 years, and for failing to meet inspection and calibration goals aimed at maintaining accurate measurements of oil and gas production on federal lands, says the report.

22Apr2010 | admin | 0 comments | Continued
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Fed Oil and Gas Leasing Reforms on Tap

The administration is set to reveal new federal leasing practices it hopes will increase confidence in the system. “We are not just about the business of letting the oil and gas industry run the Department of Interior,” Secretary Salazar said in the New Year’s Eve interview.

4Jan2010 | admin | 0 comments | Continued


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