Mineral Revenues:

Information on Interior's Royalty Management Program

RCED-88-165: Published: Jul 22, 1988. Publicly Released: Aug 23, 1988.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO examined the Minerals Management Service's (MMS): (1) collection and disbursement of royalties and other revenues from mineral leases on federal and Indian lands; (2) mechanisms that help ensure proper collections and disbursements; and (3) initiatives to strengthen its Royalty Management Program.

GAO found that MMS: (1) collected $3.72 billion and made regular disbursements of $3.69 billion in revenues from federal onshore, Indian, and offshore mineral leases in fiscal year (FY) 1987; (2) disbursed $2.85 billion in previously escrowed offshore revenues from land within 3 miles of states' seaward boundaries in FY 1987; (3) improved audit coverage to help ensure that it made proper collections; (4) used various techniques to ensure that supporting documents for collections were accurate, timely, and in accordance with rules and regulations; and (5) initiated several actions to improve its Royalty Management Program, including payer account balance reconciliation, and computer system enhancements.

Oct 6, 2020

Sep 23, 2020

Aug 6, 2020

Aug 5, 2020

Jul 23, 2020

Jul 14, 2020

Jun 25, 2020

May 29, 2020

Looking for more? Browse all our products here