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The Rate of Return Earned by Lessees under Cash Bonus Bidding for OCS Oil and Gas Leases
Walter J. Mead,
Asbjorn Moseidjord and
Philip E. Sorensen
, 1983, vol. Volume 4, issue Number 4, pages 37-52
The Energy Journal Abstract:
The remaining oil and gas reserves and resources of the Outer Continental Shelf (OCS) represent one of America's largest publicly owned assets. Through 1980, OCS oil and gas leases had produced $62.8 billion in gross revenue and $41.3 billion in bonus, royalty, and rental payments to the federal government (U.S. Geological Survey, 1981).
JEL-codes: F0 (search for similar items in EconPapers)
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