ABSTRACT

Oil and Gas Lease Management: BLM Could Improve Oversight of Lease Suspensions with Better Data and Monitoring Procedures, Report to Congressional Requesters   [open pdf - 3MB]

From the GAO (Government Accountability Office) Highlights:"Oil and gas leases on federal lands generate billions of dollars in rents and royalty payments for the federal government each year, but these revenues can be reduced if leases are suspended (i.e., placed on hold). Questions have been raised about whether some suspensions, particularly those in effect for more than 10 years, may hinder oil and gas production or adversely affect the use of federal lands for other purposes, such as recreation. GAO was asked to review oil and gas lease suspensions on federal lands managed by BLM [Bureau of Land Management] . This report examines, among other things, (1) the extent of and reasons for such suspensions and (2) the approach BLM uses to monitor the status of lease suspensions. GAO analyzed all data on suspensions in a BLM database and the official lease files for a nongeneralizable sample of 48 leases recorded as suspended in, Montana and Wyoming, which GAO selected based in part on the large number of suspensions these states had. GAO also reviewed BLM documents and interviewed BLM officials."

Report Number:
GAO-18-411
Publisher:
Date:
2018-06
Copyright:
Public Domain
Retrieved From:
Government Accountability Office: https://www.gao.gov
Format:
pdf
Media Type:
application/pdf
URL:
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