In a August 2009 report released yesterday, the Government Accountability Office (GAO) found that MMS does not provide reasonable assurance that it is accurately and promptly identifying and collecting royalty-in-kind gas imbalances. As a result, GAO estimates that the agency is losing millions of dollars. In its report, the GAO cites several reasons why MMS is forgoing these revenues, including that the agency lacks the information necessary to calculate the full amount of revenues due, and that rather than compelling companies to document production and deliveries in a consistent format, MMS analysts spend time gathering and reformatting data instead of identifying and collecting on imbalances.