Reporting Trends Differ Between Oil and Gas Leases

Oil and gas leases exhibit different reporting trends during the analysis period (Nov ’23–Oct ’24).

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Note: Our analysis finds widespread underreporting in oil lease records, with 4% (orange slice) exceeding thresholds that would trigger RRC monitoring and reporting requirements where none was previously reported. By comparison, underreporting in gas lease records is far less prevalent.

Chart: RMISource: RMI and Purvis AdvisorsGet the data