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As of January 31, 2023, there are 4839 open recommendations that still need to be addressed. 470 of these are priority recommendations, those that we believe warrant priority attention. Learn more about our priority designation on our Recommendations page.

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1 - 3 of 3 Recommendations, including 2 Priority Recommendations

Offshore Oil and Gas: Opportunities Exist to Better Ensure a Fair Return on Federal Resources

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3 Open Recommendations
2 Priority
Agency Recommendation Status
Bureau of Ocean Energy Management
Priority Rec.
This is a priority recommendation.
The BOEM director should enlist an independent third party to examine the extent to which the bureau's use of delayed valuations assures the receipt of fair market value, and make changes—such as terminating the use of delayed valuations or amending its model's assumptions—as appropriate. (Recommendation 2)
Open

Interior did not agree with this recommendation. Specifically, Interior stated BOEM did not agree with our characterization of BOEM's delayed valuations and stated that BOEM believes it is neither necessary nor cost effective to enlist an independent third party. However, BOEM agreed to (1) examine its delayed value calculation, particularly as it relates to the impact of biannual lease sales, (2) develop a plan to perform a comprehensive internal review of delayed value calculations and make appropriate changes, and (3) institute a peer-review process for all potential changes. Based on work

Bureau of Ocean Energy Management
Priority Rec.
This is a priority recommendation.
The BOEM director should take steps to ensure that BOEM's bid valuation process is not biased toward adjusting valuations downward based on their proximity to bids. (Recommendation 3)
Open

Interior partially agreed with this recommendation. Specifically, Interior stated it agreed with the recommendation, but did not agree with our characterization of BOEM's bid valuation process. In January 2021, Interior indicated that BOEM will review its bid valuation process and identify, document, and remediate deficiencies. In January 2022, BOEM indicated that actions to address this recommendation were nearly complete.

Bureau of Ocean Energy Management The BOEM director should implement a systematic process for comprehensively evaluating its tract valuations, such as by expanding the scope of the bureau's "lookback studies" effort, and remediating any identified deficiencies. (Recommendation 4)
Open

Interior partially agreed with this recommendation. Specifically, Interior stated it agreed with the recommendation, but did not agree with our characterization of BOEM's bid tract evaluation process and review procedures. In January 2021, Interior amended its position, agreed with the recommendation, and indicated that BOEM will implement a systematic process to comprehensively evaluate tract valuations and conduct a comprehensive review of its oil and gas tract valuation and "lookback" procedures. In January 2022, BOEM indicated that actions to address this recommendation were nearly

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