Natural Resources Revenue Management: The Office is responsible for collecting, accounting, analyzing, auditing, and disbursing revenues from energy and mineral leases and other monies owed for the utilization of public resources on the Outer Continental Shelf and onshore Federal and American Indian lands. Annually, approximately $10 billion is disbursed to the U.S. Treasury, to various State and American Indian accounts, and to special use accounts such as the Land and Water Conservation Fund. The Office plays a critical role in staffing the Department’s implementation of the Extractive Industries Transparency Initiative. The Department’s role in managing the Nation’s extractive resources and in ensuring the full and fair return to the American people for the utilization of these public resources positions the Department to lead the efforts for Extractive Industries Transparency Initiative (EITI) implementation. Implementing EITI in the United States highlights the value of industry contributions; strengthens relationships to deliver a more transparent, participatory, and collaborative government; ensures the full and fair return to the American people for the use of its public resources; and enables the U.S. to lead by example internationally on transparency and good governance.
OFFICE: Office of Natural Resources Revenue