OCR Text |
Show Oil. Gas Lands Net U. S. $2.7 Million The United States government collected $2,712,110 in royalties and rentals on oil and gas lands in the federal domain in Utah during fiscal 1952-53, it was reported re-ported Saturday. This compares with $2,872,-324 $2,872,-324 for the previous fiscal year. The slight decline results from a new 2V-week delay imposed im-posed on, processing lease applications. appli-cations. The delay is caused by an examination of all leases by the United States Geological Survey at Casper, Wyo., to determine de-termine whether they are on "known" oil and gas structures. In the preceding fiscal year, the leases were issued the day on which application was made. Of the $2,712,100 collected by the federal government, counties in which leases were filed or oil produced will received $1,-017,121 $1,-017,121 for school and road purposes. pur-poses. I I |