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Royalty Requirements for Oil and Gas Lost from Onshore Federal and Indian Leases

$129.99

Stay current with the Bureau of Land Management’s proposed updates to royalty requirements for oil and natural gas lost from onshore Federal and Indian leases. This course provides in-depth training on the latest regulatory changes—driven by the One Big Beautiful Bill Act and Executive Order 14154—that streamline compliance, reduce administrative burdens, and clarify royalty obligations. Learn how these updates impact operational practices, compliance strategies, and reporting for operators and stakeholders engaged in oil and gas production on public and Indian lands.

In this course you will learn the following:
* Understand the purpose and intent of the proposed rule and the goals BLM seeks to achieve.
* Describe the historical and legal context for royalty determinations on lost oil and gas.
* Identify the major changes proposed, including reduced compliance requirements and streamlined processes.
* Recognize the opportunities and procedures for public participation and comment.
* Explain how the proposed rule may evolve based on stakeholder input before becoming final.

NOTE: Unless otherwise indicated, all course purchases are for access to the course for a period of 1-year.  At the end of the one year term, the course will be set to “inactive”. 

Why This Course is Important
Without this training, you risk misunderstanding royalty obligations, missing cost-saving compliance opportunities, and falling short of updated BLM requirements, potentially leading to reporting errors or penalties.

Course Details
This is a self-paced eLearning course based on the Federal Register Document titled Royalty for Oil and Gas Lost From Onshore Federal and Indian Leases.

Key regulatory references include:

Course SKU
FR-26-2018-1