All Posts Tagged With: "oil and gas royalties"

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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.

15Apr2010 | admin | 0 comments | Continued
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Special Report –The Interior’s Oil and Gas Royalty Scandal and Its Wyoming Roots

The Lakewood (CO) branch of Minerals Management operated differently from its parent in Washington, D.C. Following the Bush administration’s oft-expressed desire to run government like a business, it functioned like a quasi-business, collecting royalty payments not in cash, but in “kind,” that is, in actual oil and gas.

19Aug2009 | admin | 0 comments | Continued