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Zasoby i środowisko · 08/08/2013

ONRR Proposes New Regulations for Reporting and Paying Oil and Gas Royalties

The Office of Natural Resources Revenue is proposing new rules to implement a 1996 law requiring federal oil and gas companies to report and pay royalties on the oil and gas they extract from federal leases, based on their ownership interest.

Source: Federal Register — Interior DepartmentOpen original release →