GAO: MMS STILL LAX IN ROYALTY COLLECTION PROCESS

The U.S. General Accounting Office says the Minerals Management Service's royalty collection process is still weak. MMS collects about $4 billion/year from oil and gas producers and other royalty payers holding mineral leases on federal and Indian land. GAO, a congressional watchdog agency, noted MMS developed a strategy in 1988 that would systematically target for audit more than 90% of all federal and Indian royalties and make the audit cycle more current.

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