What's New In Mineral Revenue Management

 MMS Disburses $10.68 Billion in FY 2009
The Department of the Interior's Minerals Management Service (MMS) disbursed more than $10.68 billion in Fiscal Year 2009 from revenues collected from energy and mineral production on Federal and American Indian lands, including energy and mineral production on the Federal Outer Continental Shelf.
Denver, CO - Alabama, Mississippi, Louisiana, and Texas, and their eligible political subdivisions, will receive additional funds totaling $2.7 million under the 2006 Gulf of Mexico Energy Security Act (GOMESA). [11/17/2009]

 Dear Reporter Letter
MMS issued Dear Reporter Letters to more than 60 oil and gas companies Nov. 6, 2009, providing procedures for those companies to recoup royalty payments made on certain deepwater leases in the Gulf of Mexico.
Denver, CO -  As a result, companies who have paid royalties on certain leases are entitled to recoup those royalties under 30 U.S.C. & 1721a. [11/06/2009]