Date Issued
Report Number
20-0294
Report Type
Investigation
Component
Office of Natural Resources Revenue
Description
We investigated allegations that an oil and gas company incorrectly adjusted oil and gas reporting and failed to apply the proper pricing for minerals produced from leases in New Mexico, potentially resulting in a loss of royalties.
We determined that the alleged conduct occurred outside the 5-year statute of limitations for criminal conduct and would be appropriately addressed through administrative enforcement actions and orders. As a result, we referred the matter to the Office of Natural Resources Revenue (ONRR).
Joint Report
No
Agency Wide
Yes
Questioned Costs
$0
Funds for Better Use
$0
Oversight Report File