Investigators probed #BP for underpaying royalties - The - TopicsExpress



          

Investigators probed #BP for underpaying royalties - The Department of the Interiors inspector general spent years investigating BP America Inc. for allegedly underpaying the U.S. government by millions of dollars in royalties. A report not shared with the public but obtained by Greenwire under the Freedom of Information Act (FOIA) found BP and Encana Corp. improperly reported production at two units in Wyomings Jonah Field -- one of the largest onshore gas fields in the country. An official with Interiors Office of Natural Resources Revenue (ONRR) -- his or her name was redacted from the report -- charged that BP incorrectly reported oil and gas production, resulting in a net underpayment of $7.9 million in federal mineral royalties. That allegation led to the Interior IG investigation that began Dec. 1, 2008.
Posted on: Tue, 14 Oct 2014 23:12:53 +0000

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