Office of Natural Resources Revenue http://wyomingpublicradio.net en Feds to pay Wyoming more than $40M in back royalties http://wyomingpublicradio.net/post/feds-pay-wyoming-more-40m-back-royalties <p></p><p>The federal government will pay back mineral royalties that it withheld from states under the across-the-board budget cuts known as sequestration.</p><p>When sequestration went into effect earlier this year, the Department of the Interior started withholding 5 percent of states' share of the royalties, which are paid on resources like coal and oil extracted from federal lands. For Wyoming, that's amounted to more than $40 million.</p><p>On Monday, DOI announced that after a legal review, it's giving the money back.</p> Tue, 27 Aug 2013 22:47:25 +0000 Stephanie Joyce 46001 at http://wyomingpublicradio.net Feds to pay Wyoming more than $40M in back royalties Mineral royalty payout up $23 million in Wyoming from 2011 http://wyomingpublicradio.net/post/mineral-royalty-payout-23-million-wyoming-2011 <div style="margin-top:0;margin-bottom:0;"><br><p>The Office of Natural Resources Revenue – or ONRR – saw a $1 billion increase in revenue from energy production on public lands. Wyoming’s share was more than $995 million – up from last year by more than $23 million.</p><p>With a growing quantity of coal being exported abroad, there’s some concern that companies are paying royalties using low, domestic rates for exports instead of the higher price sales abroad fetch to calculate their due share. ONRR spokesman Patrick Etchart says the agency audits companies, though not every year.</p> Tue, 18 Dec 2012 12:47:39 +0000 Irina Zhorov 34192 at http://wyomingpublicradio.net Mineral royalty payout up $23 million in Wyoming from 2011