Search Results:
-
How much do U.S. oil companies pay in royalties to government?
Answer:
Oil and natural gas production royalties on federal lands are one of the largest sources of income to the federal government, delivering $86 million in rents, royalties and bonus fees every single day.
...Read More -
Why are oil companies sitting on idle leases?
Answer:
If you’ve been following the energy debate, you’ve probably heard politician cries of “Use it or Lose it.” These claims allege that the oil and natural gas industry is “sitting on” approximately 60 million acres of oil and gas leases that are going unused.
...Read More
