Interior Department’s Office of Natural Resources Revenue (ONRR) Tuesday penalized Oxy USA Inc. nearly $1 million for the “knowing or willful failure” to permit a state audit of the company’s oil and natural gas leases on federal lands in New Mexico.
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QEP Resources Fined $1.2M for Inaccurate Royalty, Production Records
The Interior Department’s Office of Natural Resources Revenue (ONRR) has fined QEP Resources $1.2 million for “knowing or willful maintenance” of inaccurate oil and natural gas royalty and/or production reports on ONRR’s financial system.
August 27, 2012
QEP Fined $1.2M for Inaccurate Royalty Reports
The Interior Department’s Office of Natural Resources Revenue (ONRR) has fined Denver-based producer QEP Resources Inc. $1.2 million for the “knowing or willful maintenance” of inaccurate oil and natural gas royalty and/or production reports on ONRR’s financial system.
July 12, 2012