Interior Repeals Defective Federal Mineral Valuation Rule

Published by the Department of the Interior

The Department of the Interior today announced the repeal of the Consolidated Federal Oil and Gas and Federal and Indian Coal Valuation Reform Rule (Valuation Rule) which had created confusion and uncertainty regarding how companies report and pay royalties on energy and other mineral resources from federal onshore and offshore areas and American Indian lands.

Read the full article at: https://www.doi.gov/pressreleases/interior-repeals-defective-federal-mineral-valuation-rule

top