Mineral Revenues: Interior Used Reasonable Approach to Assess Effect of 1988 Regulations
RCED-91-153
Published: May 30, 1991. Publicly Released: May 30, 1991.
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Highlights
Pursuant to a congressional request, GAO examined the effect the Department of the Interior's March 1988 oil and gas product valuation regulations had on royalties from Indian and federal onshore and offshore leases, focusing on the: (1) anticipated and actual effects of the revised regulations; and (2) reasonableness of the methodology used by Interior's Mineral Management Service (MMS) to assess the regulations' effects.
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AppraisalsEvaluation methodsFederal regulationsstate relationsGas resourcesIndian landsLand managementMineral leasesOil resourcesRoyalty payments