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Royalty-In-Kind Program URL: http://www.mrm.mms.gov/RIKweb/ Description: This site describes the federal Royalty in Kind (RIK) Program, one of two strategies "to manage the Nation’s substantial oil and gas mineral royalty assets. Federal oil and gas leasing laws and lease terms provide the Government with the option of receiving production royalty payments either in value (RIV) or in kind ... that is, in the form of oil or gas production." From the Minerals Management Service, U.S. Department of the Interior. LII Topics: Oil & Gas, Prices Publisher: Minerals Management Service, U.S. Department of the Interior LII Database Information: Record 26904 created by Maria Brandt on 09/15/2008 Last modification on 09/17/2008 Published: 09/18/2008 Funding agency: California State Library LII Item ID: http://lii.org/cs/lii/view/item/26904 |
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