The Rate of Return Earned by Lessees under Cash Bonus Bidding for OCS Oil and Gas Leases

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).

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Year of publication:	1983
Authors:	Mead, Walter J. ; Moseidjord, Asbjorn ; Sorensen, Philip E.
Published in:	The Energy Journal. - International Association for Energy Economics - IAEE, ISSN 0195-6574. - Vol. Volume 4.1983, Number 4, p. 37-52
Publisher:	International Association for Energy Economics - IAEE

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Extent:	text/html
Type of publication:	Article
Classification:	F0 - International Economics. General
Source:	RePEc - Research Papers in Economics

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