Royalty accounting system within the US Geological Survey. Oversight Hearings before the Subcommittees on Mines and Mining and Oversight and Investigations of the Committee on Interior and Insular Affairs, House of Representatives, Ninety-Seventh Congress, First Session

Book · Fri Jan 01 00:00:00 EST 1982

OSTI ID:5271430

Two days of hearings were spent examining the US Geological Survey's (USGS) difficulties in collecting mineral royalties on public lands and the rapidly growing loss of payments. The problem was identified in 1959, but sudden increases in the value of oil and gas reserves have made the financial consequences more serious. The 24 witnesses, speaking as individuals or on panels, discussed the role of theft and nonpayment by the oil companies, poor administration by USGS, and other factors contributing to the problem. Their testimony is followed by two appendices with additional material submitted for the record. (DCK)

• OSTI ID: 5271430
• Resource Relation: Related Information: Serial No. 97-19
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
02 PETROLEUM
MINERAL RESOURCES
ROYALTIES
PETROLEUM INDUSTRY
ACCOUNTING
ENFORCEMENT
GEOLOGICAL SURVEYS
PERFORMANCE
THEFT
INCOME
INDUSTRY
RESOURCES
SURVEYS
294000* - Energy Planning & Policy- Fossil Fuels
020700 - Petroleum- Economics
Industrial
& Business Aspects
290400 - Energy Planning & Policy- Energy Resources