Royalty Accounting

  • Funds Received


    Funds Received from Oil and Gas Leases by Revenue Type


    REVENUE TYPE MARCH 2017 FEBRUARY 2017 YEAR TO DATE
    FISCAL
    YEAR TO DATE
    CALENDAR
    Rents & Bonus Bids $ 1,103,580.67 $ 759,426.68 $ 20,197,882.48 $ 1,863,007.35
    Net Profit Share Leases $ 2,572,060.30 $ 1,897,390.09 $ 13,727,060.05 $ 4,469,450.39
    Royalty $ 89,618,150.90 $ 97,304,754.02 $ 689,818,899.33 $ 186,922,904.92
    Adjustments/Settlements/Audit $ - $ - $ - $ -
    Federally Shared Royalty $ 736,329.52 $ 1,041,844.11 $ 6,625,699.59 $ 1,778,173.63
    Interest $ 6,557.63 $ 13,313.05 $ 10,602,618.43 $ 19,870.68
    TOTAL FUNDS RECEIVED $ 94,036,679.02 $ 101,016,727.95 $ 740,972,159.88 $ 195,053,406.97


    Royalty Distribution


    Distribution of Funds Received


    DISTRIBUTION AREAS MARCH 2017 FEBRUARY 2017 YEAR TO DATE
    FISCAL
    YEAR TO DATE
    CALENDAR
    General Fund $ 69,414,310.79 $ 71,328,373.73 $ 509,655,983.42 $ 140,742,684.52
    School Fund $ 470,183.40 $ 505,083.64 $ 3,725,398.46 $ 975,267.04
    School Fund Escrow $ - $ - $ 12,988.69 $ -
    Permanent Fund $ 24,152,184.83 $ 29,183,270.58 $ 212,845,863.95 $ 53,335,455.41
    Constitutional Budget
    Reserve Fund
    $ - $ - $ 14,731,925.36 $ -
    TOTAL FUNDS DISTRIBUTED $ 94,036,679.02 $ 101,016,727.95 $ 740,972,159.88 $ 195,053,406.97