Byusnewsr1-

Jan 12, 2021

New Mexico State Land Office Recovers $ 2.3 Million in Oil and Gas Royalty Audit – Carlsbad Current Argus

New Mexico State Land Office Recovers $ 2.3 Million in Oil and Gas Royalty Audit – Carlsbad Current Argus

An audit of royalty payments on state-owned lands enabled the New Mexico State Land Office to recover approximately $ 2.3 million in lost revenue due to errors in the reporting process for activities, mostly operations oil and gas, on Crown land. The annual collection of audits for calendar year 2020 marked an increase of 47.5% […]
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