BLM wants leasing regulation changes

Agency proposes significant increases to royalty rates and bonding; only filing fee changes would apply to NPR-A and ANWR

Alan Bailey

for Petroleum News

The federal Bureau of Land Management has published proposed new regulations that would significantly increase royalty rates and bonding requirements for oil and gas production on federal onshore lands. However, in Alaska the revised regulations would not, in general, apply to the National Petroleum....

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A balanced approach

Minimum royalty rates

Comparison with Alaska