Natural resources (11 - 20 of 40 items)
Oil and Gas Royalties: The Federal System for Collecting Oil and Gas Revenues Needs Comprehensive Reassessment
GAO-08-691: Published: Sep 3, 2008. Publicly Released: Sep 12, 2008.
In fiscal year 2007, domestic and foreign companies received over $75 billion from the sale of oil and gas produced from federal lands and waters, according to the Department of the Interior (Interior), and these companies paid the federal government about $9 billion in royalties for this oil and gas production. The government also collects other revenues in rents, taxes, and other fees, and the s...
Oil and Gas Development: Challenges to Agency Decisions and Opportunities for BLM to Standardize Data Collection
GAO-05-124: Published: Nov 30, 2004. Publicly Released: Jan 3, 2005.
U.S. consumption of oil and natural gas increasingly outpaces domestic production, a gap that is expected to grow rapidly over the next 20 years. There has been increasing concern about U.S. reliance on foreign energy sources. One option being considered is to increase domestic production of resources on land under the jurisdiction of the Department of the Interior's Bureau of Land Management (BLM...
Trans-Alaska Pipeline: Actions to Improve Safety Are Under Way
RCED-95-162: Published: Aug 1, 1995. Publicly Released: Aug 8, 1995.
Pursuant to a congressional request, GAO provided information on the progress made in correcting deficiencies in the operation and management of the Trans-Alaska Pipeline System (TAPS), focusing on: (1) whether the planned corrective actions will address deficiencies in the pipeline's electrical systems, quality, and preventive maintenance; (2) whether regulators are taking action to improve overs...
Oil Reserves: Status of Strategic Petroleum Reserves as of March 31, 1988
RCED-88-175FS: Published: Jun 24, 1988. Publicly Released: Jul 1, 1988.
In response to a congressional request, GAO presented its semiannual review of the Department of Energy's (DOE) progress in developing, operating, and filling the Strategic Petroleum Reserve (SPR).GAO found that: (1) as of March 31, 1988, the SPR inventory totalled 544.9 million barrels of oil; (2) during the previous 6 months, DOE added 11 million barrels of crude oil at an average fill rate of 6...
Oil Reserves: An Analysis of Oil Fill Alternatives
RCED-87-145BR: Published: May 21, 1987. Publicly Released: Jun 5, 1987.
Pursuant to a congressional request, GAO reviewed possible oil-fill-rate options for the Strategic Petroleum Reserve (SPR), specifically: (1) the Department of Energy's (DOE) current construction and fill-rate policy; (2) the maximum achievable fill rate for available storage capacities under construction; and (3) a fill rate of 100,000 barrels per day.GAO found that DOE planned to: (1) obligate $...
Strategic Petroleum Reserve: Information on DOE's Fiscal Years 1986 and 1987 Budget Deferrals
RCED-86-116BR: Published: Feb 28, 1986. Publicly Released: Feb 28, 1986.
Pursuant to a congressional request, GAO obtained information relating to Strategic Petroleum Reserve (SPR) budget deferrals and addressed questions concerning: (1) the status of the development of SPR sites; (2) the time and money needed to prepare SPR sites for continued oil fill; (3) the Department of Energy's (DOE) plan for SPR under a moratorium; (4) the effects of deferrals on completion of...
More Assurance Is Needed That Strategic Petroleum Reserve Oil Can Be Withdrawn as Designed
RCED-85-104: Published: Sep 27, 1985. Publicly Released: Sep 27, 1985.
Pursuant to a congressional request, GAO conducted a review to determine whether the Department of Energy (DOE) will be able to withdraw Strategic Petroleum Reserve (SPR) oil at the designed rate and sustain that rate over time. DOE has been implementing a three-phase plan to develop a 750-million barrel SPR at six sites in Louisiana and Texas, of which 483.5 million barrels were in storage.GAO fo...
Selectively Reducing Offshore Royalty Rates in the Gulf of Mexico Could Increase Oil Production and Federal Government Revenue
RCED-85-6: Published: May 10, 1985. Publicly Released: May 17, 1985.
Pursuant to a congressional request, GAO examined steps the federal government could take to encourage environmentally sound enhanced oil recoveries (EOR) in the Outer Continental Shelf OCS of the Gulf of Mexico.GAO found that the federal government leases large areas in the Gulf of Mexico for the development of oil resources and receives financial royalties on the oil produced. It was estimated t...
Selected Management Activities at the Naval Petroleum Reserve, California
RCED-85-7: Published: Apr 12, 1985. Publicly Released: May 13, 1985.
In response to a congressional request, GAO reviewed certain aspects of the operations of the Department of Energy's (DOE) Naval Petroleum Reserve, California (NPRC), including: (1) the process used in establishing the fee for the contractor to operate NPRC in fiscal year 1984; (2) the adequacy of NPRC audit coverage; and (3) justification for the proposed construction of additional NPRC office sp...
Analysis of Oil Withdrawal and Distribution Tests for the Strategic Petroleum Reserve
RCED-85-115: Published: May 8, 1985. Publicly Released: May 8, 1985.
In response to a congressional request and concern that the Department of Energy (DOE) periodically test actual drawdown and oil sales from the Strategic Petroleum Reserve (SPR), GAO analyzed the feasibility, cost, and effectiveness of testing actual SPR operations and the possible impacts on oil markets of certain suggested scenarios. In addition, GAO provided views on factors that should be cons...