Repeal of Unneeded Outer Continental Shelf Production Rate-Setting Functions Would Cut Costs

摘要

Under various laws, the Department of the Interior requires operators of Outer Continental Shelf leases to submit information regarding the rate at which oil and gas can and will be produced. Three different rates of production are currently compiled by the Department's Minerals Management Service. However, GAO found that most of the data are not useful or necessary. Congressional relief for the Department from some statutory requirements and consolidating the existing data submittal requirements would allow both the Department and industry to better use their resources to serve higher priority needs.