Royalty Relief
The
Outer Continental Shelf Lands Act (OCSLA)
(286.05 KB PDF)
authorizes the
Secretary of the Interior
to grant royalty relief to promote increased oil and gas production (43
U.S.C. 1337). the Bureau offers royalty relief at certain times and to certain
leases to promote development or increased production, or to encourage
production of marginal resources on both producing and non-producing
leases. The
Deep Water Royalty Relief Act of 1995 (DWRRA) expanded the Secretary's
royalty relief authority in the Gulf of Mexico (GOM) outer continental
shelf, and the Energy Policy Act of 2005 expanded that authority
offshore Alaska.
One of the responsibilities of the Economics
Division is to design categorical royalty relief programs, and to assist
with evaluations of case-by-case applications for royalty relief.
Royalty relief programs are classified under the following general
categories:
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