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109849 1 (1979-07-11)

handle is hein.gao/gaobadygs0001 and id is 1 raw text is: 


                                     FOR RELEASE ON DELl/VERY
                                     Expected at 10:00 a.m.
                109849               Wednesday, July 11, 1979


          United States General Accounting Office
                  Washington, DC  20548

                       Statement of
                  Douglas L. McCullough
       Deputy Director, Energy and Minerals Division

            Before the Subcommittee on Energy
            Resources and Materials Production
               Senate Committee on Energy
                  and Natural Resources
                            on

                5Federal Leasing PolicYJ

Mr. Chairman and Members of the Subcommittee:

     We appreciate the opportunity to appear before this Sub-

committee to discuss Title VII of S. 1308 which deals with

onshore oil and gas leasing.

     I would like to preface my remarks this morning by stating

that the General Accounting Office has just recently initiated

a study of the competitive aspects of onshore oil and gas

leasing and we plan to start a comprehensive review of the en-

tire onshore leasing system in the near future. Our previous

work in this area is limited to a March 1970 report I/ on the use

of competitive versus noncompetitive leasing and an April

1979 report 2/ on the lottery system.



/ 'Opportunities for Benefits Through Increased Use of
    Competitive Bidding to Award Oil and Gas Leases on
    Federal Lands  (B-118678, March 17, 1970).

2/  Onshore Oil and Gas Leasing--Who Wins the Lottery?
     (EMD-79-41, April 13, 1979).

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