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Overview of Department of the Interior's and Selected States' Royalty Accounting Systems

AFMD-82-107 Published: Sep 15, 1982. Publicly Released: Sep 23, 1982.
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Highlights

Pursuant to a congressional request, GAO assessed the feasibility of the new royalty accounting system being developed by the Department of the Interior and determined the types of accounting systems used by the States of California, Colorado, New Mexico, and Wyoming for their State-owned oil and gas leases.

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Topics

Accounting systemsFinancial recordsGas leasesOil leasesPublic landsRoyalty paymentsSystems evaluationFederal landsPublic officialsFinancial management