Royalties

Unintentional Misconduct and Standardless Discretion: The Department of Interior’s New Rules for Valuing Oil, Gas and Coal

The Office of Natural Resources Revenue (ONRR) within the Department of the Interior issued new royalty valuation rules on July…

8 years ago

Drafting Oil and Gas Royalty Provisions; KISS- “Keep it Simple, Stupid!”

The KISS principle that systems perform best with simple rather than complex designscan apply in the world of legal drafting.…

9 years ago

BLM Begins Regulatory Process to Increase Oil and Gas Royalties, Rentals, Minimum Bids, Bonding and Penalties

As promised by Secretary Jewell in March, see previous post, BLM is initiating a rulemaking process-- Announcement of Proposed Rulemaking…

10 years ago