Are Leaseholders Adequately Exploring for Oil and Gas on Federal Lands
EMD-82-82
Published: Aug 23, 1982. Publicly Released: Aug 23, 1982.
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Highlights
GAO reviewed the Federal onshore oil and gas leasing system to determine if leaseholders are adequately exploring their leases. Specific issues which were addressed included the extent and nature of activity of the two predominant leaseholders, industry and speculators, and the actions that may be needed to influence their activity.
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Energy industryGas leasesLeasing policiesOil drillingPetroleum explorationPublic landsSystems evaluationLease agreementsExplorationLicenses