Title: BLM Safety Net Royalty Relief Analysis of Natural Gas and Oil Production and Public Sector Revenues for United States Onshore Federal Lands
Publication Number:
Publication Date: 08/2004
Publication Type: Report/Publication
Contact: Chris Nichols
Program/Technology: Oil & Natural Gas
Author: John Duda (NETL)

A study to evaluate the costs and benefits of proposed royalty relief scenarios on Federal oil and gas leases. Key findings demonstrate that existing royalty relief is not cost-effective at current prices. Similarly, incremental production due to safety net royalty relief proposals is relatively small and gas production is not nearly as sensitive as oil production to lower prices in the study range.

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