BLM proposes higher onshore oil, gas royalty rates

The US Bureau of Land Management is proposing changes to federal onshore oil and gas royalty rates, rental payments, lease sale minimum bids, civil penalty caps, and financial assurances, US Interior Secretary Sally Jewell announced. Comments on the Advanced Notice of Possible Rulemaking (ANPR) will be accepted for 45 days following its publication in the Federal Register next week.

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in General Interest