BILLINGS, Mont. (KFGO-AM) Federal regulators issued a $1.3 million civil penalty to a subsidiary of Exxon Mobil Corporation for failure to provide information related to an oil and gas lease audit in North Dakota.
The federal Office of Natural Resources Revenue said Wednesday that Texas-based XTO Energy, Incorporated did not fully comply with the 2013 information request from state officials until a year later.
Audits are used to ensure companies pay the appropriate royalties on oil and gas produced from publicly-owned energy leases.
XTO spokeswoman Suann Guthrie says the company will appeal the fine.
She says XTO attempted to provide all the information but had difficulty immediately obtaining some contracts sought by officials.
XTO was penalized $684,000 two years ago over a similar case in Kansas. An appeal is pending.