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U.S. Department of the Interior's Royalty Management Program

U.S. Department of the Interior's Royalty Management Program
Author: United States. Congress. House. Committee on Interior and Insular Affairs. Subcommittee on Mining and Natural Resources
Publisher:
Total Pages: 868
Release: 1987
Genre: Mines and mineral resources
ISBN:

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Federal Minerals Royalty Management

Federal Minerals Royalty Management
Author: United States. Congress. House. Committee on Interior and Insular Affairs
Publisher:
Total Pages: 247
Release: 1985
Genre: Mineral industries
ISBN:

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MMS's Royalty-in-kind Pilot Program

MMS's Royalty-in-kind Pilot Program
Author: United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources
Publisher:
Total Pages: 44
Release: 1996
Genre: Digital images
ISBN:

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Oil and Gas Royalties

Oil and Gas Royalties
Author: Frank Rusco
Publisher: DIANE Publishing
Total Pages: 17
Release: 2010-03
Genre: Technology & Engineering
ISBN: 1437911528

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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 accounts. MMS sells the oil and gas it receives through the royalty-in-kind program and disburses the revenues received from the sales to fed. and state recipients. This report highlights oversight issues related to MMS's royalty-in-kind program raised in that testimony and assesses: (1) the extent to which MMS has reasonable assurance that it is collecting the correct amounts of royalty-in-kind oil and gas; and (2) the reliability of the info. on the performance of the royalty-in-kind program contained in MMS's annual report to the Congress. Charts and tables.