Course: Proposed Rule on Profits and Related Basis Adjustments based on this document from the Federal Register: https://www.govinfo.gov/content/pkg/FR-2024-12-02/pdf/2024-27227.pdf This document contains proposed regulations regarding previously taxed earnings and...
Gas Waste Reduction and Royalty Compliance
Learn about the latest BLM final rule designed to minimize natural gas waste from venting, flaring, and leaks in oil and gas production. This course provides actionable insights into how operators can ensure compliance and secure proper royalty payments for wasted resources, replacing outdated practices with modern standards.
In this course you will learn the following:
* Understand the key requirements of the final rule.
* Implement actionable steps to comply with the new regulations.
* Recognize the consequences of non-compliance, including legal and financial repercussions.
Additional information
| Federal Register Title | Waste Prevention, Production Subject to Royalties, and Resource Conservation. Document Number: 2024-06827 |
|---|---|
| Course SKU | FR-24-826-1 |
| Why This Course Is Important | Operators risk financial penalties, legal actions, and loss of royalties if they fail to comply with the latest BLM regulations on natural gas waste and royalty payments. |