Name: Regulation tightens around royalty valuation on federal lands
Brand: Wood Mackenzie
SKU: 48241
Price: 1350 USD
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Author: Wood Mackenzie

Insight 23 August 2016

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The US federal government is tightening the rules for the valuation of oil and gas royalties on federal lands, with effect  from 1 January 2017. The Office of Natural Resources Revenue (ONRR) is establishing the right to reject a company's valuation of its oil and gas production, and/or its reported transportation costs, if it considers these to be unreasonable. In these situations, the wellhead values will be based on a default valuation mechanism, effectively giving the ONRR the authority to decide on the "most appropriate" values on a case-by-case basis.</div>
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        Regulation tightens around royalty valuation on federal lands
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        <li class="list__item push-quarter--bottom">Regulation tightens around royalty valuation on federal lands: Image 1</li><li class="list__item push-quarter--bottom">Regulation tightens around royalty valuation on federal lands: Table 1</li><li class="list__item push-quarter--bottom">Top 5 companies with production from US federal lands</li>
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