Oil And Gas Royalties

Author : Mark Gaffigan
Publisher : DIANE Publishing
ISBN 13 : 9781422319079
Total Pages : 18 pages
Book Rating : 4.75/5 ( download)

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Download or read book Oil and Gas Royalties written by Mark Gaffigan and published by DIANE Publishing. This book was released on 2007-12 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 some cases, increase the share of oil & gas revenues they receive for the rights to develop oil & gas on their lands & waters. In FY 2006, oil & gas co. received over $77 billion from the sale of oil & gas produced from fed. lands & waters, & the Dept. of the Interior reported that these co. paid the fed. gov¿t. $10 billion in oil & gas royalties. This report documents the U.S. gov¿ts. take & implications assoc. with increasing royalty rates. It discusses: the U.S. gov¿ts. take relative to that of other gov¿t. resource owners; & the potential revenue implications of raising royalty rates on fed. oil & gas leases going forward. Illus.

Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.47/5 ( download)

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Download or read book Oil and Gas Royalty Collections written by United States. General Accounting Office and published by . This book was released on 1981 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Frank W. Rusco
Publisher : DIANE Publishing
ISBN 13 : 1437909752
Total Pages : 44 pages
Book Rating : 4.53/5 ( download)

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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.

Author : Frank Rusco
Publisher : DIANE Publishing
ISBN 13 : 1437911528
Total Pages : 17 pages
Book Rating : 4.27/5 ( download)

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Download or read book Oil and Gas Royalties written by Frank Rusco and published by DIANE Publishing. This book was released on 2010-03 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Frank Rusco
Publisher : DIANE Publishing
ISBN 13 : 1437906303
Total Pages : 17 pages
Book Rating : 4.01/5 ( download)

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Download or read book Oil and Gas Royalties written by Frank Rusco and published by DIANE Publishing. This book was released on 2009-03 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author :
Publisher : DIANE Publishing
ISBN 13 : 9781422313688
Total Pages : 20 pages
Book Rating : 4.89/5 ( download)

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Download or read book Oil & Gas Royalties: Royalty Relief Will Likely Cost the Government Billions, but the Final Costs Have Yet to be Determined written by and published by DIANE Publishing. This book was released on with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.31/5 ( download)

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Download or read book Oil and Gas Royalty Collections written by United States. General Accounting Office and published by . This book was released on 1979 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Nils Olson
Publisher : Olsen Consulting, Incorporated
ISBN 13 : 9781503157484
Total Pages : 80 pages
Book Rating : 4.82/5 ( download)

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Download or read book Royalties Within Reach written by Nils Olson and published by Olsen Consulting, Incorporated. This book was released on 2014-11-30 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: A handbook for mineral owners to understand all aspects of owning minerals rights, including: leasing, calculating royalties, tracking activity, etc. The book empowers mineral owners to manage their mineral rights and maximize their value.

Author : United States. Congress. House. Committee on Natural Resources. Subcommittee on Energy and Mineral Resources
Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.20/5 ( download)

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Download or read book Getting Royalties Right written by United States. Congress. House. Committee on Natural Resources. Subcommittee on Energy and Mineral Resources and published by . This book was released on 2008 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.67/5 ( download)

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Download or read book Private Oil and Gas Royalties written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: