Royalty reform in court

05/01/2000
The contentious American issue of federal-royalty reform now heads for the courts.Too bad. It didn't have to reach this point. The Minerals Management Service might have shown serious regard for concerns expressed by the oil and gas industry early in the controversy. In fact, that's how MMS usually operates.But not this time. MMS started by proposing a regulatory monstrosity and has been grudgingly splitting differences ever since. Its final rules, issued Mar. 15, show great improvement from the January 1997 proposal calling on all producers to use futures prices to determine oil values in royalty calculations. But they still, because MMS wouldn't retreat from its insistence o...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected