Federal Oil and Gas Management: Opportunities Exist to Improve Oversight


Book Description

In FY 2008, the Dept. of the Interior collected over $22 billion in royalties and other fees related to oil and gas. Within Interior, the Bureau of Land Mgmt. manages onshore fed. oil and gas leases, and the Minerals Mgmt. Service¿s (MMS) manages offshore leases. A fed. lease gives the lessee rights to explore for and develop the lease¿s oil and gas resources. MMS is responsible for collecting royalties for oil and gas produced from both onshore and offshore leases. This report focus on Interior¿s: (1) policies for oil and gas leasing; (2) oversight of oil and gas production; (3) royalty regime and policies to boost oil and gas development; (4) oil and gas information technology systems; and (5) royalty-in-kind program. Charts and tables.




Oil and Gas Management: Key Elements to Consider for Providing Assurance of Effective Independent Oversight


Book Description

The catastrophic oil spill in the Gulf of Mexico has drawn national attention to the exploration and production of oil and gas from leases on federal lands and waters. Several bureaus of the Dept. of the Interior oversee onshore and offshore oil and gas activities, and collects revenues from oil and gas produced. In response to the recent oil spill, the Sec. of the Interior has proposed reorg. several bureaus. This testimony explains how the auditor¿s recommend. can provide guidance on how to achieve effective oversight of federal oil and gas management by improving: (1) technical expertise in the agency; (2) performance of analyses and reviews; (3) enforcement of laws and reg¿s.; (4) public access to info.; and (5) the degree of independence in the agency. Illus.




Oil and Gas Management: Past Work Offers Insights to Consider in Restructuring Interior's Oversight


Book Description

The catastrophic oil spill in the Gulf of Mexico has drawn attention to the exploration and production of oil and gas from leases on federal lands and waters. The Dept. of the Interior oversees oil and gas activities on federal lands and waters. Onshore, the Bureau of Land Mgmt. has oversight responsibilities. Offshore, the newly created Bureau of Ocean Energy Mgmt., Regulation, and Enforcement(BOEMRE), has oversight responsibilities. Prior to BOEMRE, the Minerals Mgmt. Service¿s Offshore Energy and Minerals Mgmt. oversaw offshore oil and gas activities. This testimony presents the auditor¿s findings in accordance with Interior¿s organizational structure prior to establishing BOEMRE. Charts and tables.







Oil and Gas Management


Book Description

Oil and natural gas produced from federal leases generated over $6.5 billion in royalties in 2009. To verify that royalties are paid on the correct volumes of oil and gas, the Department of the Interior (Interior) verifies the quantity and quality of oil and gas, both onshore and offshore. This report assesses: (1) the extent to which Interior's production verification regulations and policies provide reasonable assurance that oil and gas are accurately measured; (2) the extent to which Interior's offshore and onshore production accountability inspection programs consistently set and meet program goals and address key factors affecting measurement accuracy; and (3) Interior's management of its production verification programs. Charts and tables.







Offshore Drilling


Book Description




Department of the Interior: Major Management Challenges


Book Description

The Dept. of the Interior is responsible for managing much of the nation's vast natural resources. Its agencies implement an array of programs intended to protect these precious resources for future generations while also allowing certain uses of them, such as oil and gas dev¿t. and recreation. Interior faces major mgmt. challenges in the following six areas: (1) Strengthening resource protection; (2) Strengthening the accountability of Indian and island community programs; (3) Improving fed. land acquisition and mgmt.; (4) Reducing Interior's deferred maintenance backlog; (5) Ensuring the accurate collection of royalties; and (6) Enhancing other revenue collections and financial assurances. Illustrations.




The Deepwater Horizon Incident


Book Description