royalty payments

Public Lands Watch: Repeal of Interior valuation rule

Interior Department repeals Obama Administration reforms to the prices paid by energy companies for public oil, gas, and coal resources

The Office of Natural Resources Revenue (ONNR) of the Interior Department published a final rule in the Federal Register earlier this week on August 7th, 2017, that the Department is repealing the “Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform Final Rule.” The 2017 Valuation Rule was published on July 1, …

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