Royalty Accounting

  • Funds Received


    Funds Received from Oil and Gas Leases by Revenue Type


    REVENUE TYPE APRIL 2017 MARCH 2017 YEAR TO DATE
    FISCAL
    YEAR TO DATE
    CALENDAR
    Rents & Bonus Bids $ 736,425.20 $ 1,103,580.67 $ 20,934,307.68 $ 2,599,432.55
    Net Profit Share Leases $ 896,516.02 $ 2,572,060.30 $ 14,623,576.07 $ 5,365,966.41
    Royalty $ 94,550,784.85 $ 89,618,150.90 $ 784,369,684.18 $ 281,473,689.77
    Adjustments/Settlements/Audit $ - $ - $ - $ -
    Federally Shared Royalty $ 1,860,011.19 $ 736,329.52 $ 8,485,710.78 $ 3,638,184.82
    Interest $ (17,248.94) $ 6,557.63 $ 10,585,369.49 $ 2,621.74
    TOTAL FUNDS RECEIVED $ 98,026,488.32 $ 94,036,679.02 $ 838,998,648.20 $ 293,079,895.29


    Royalty Distribution


    Distribution of Funds Received


    DISTRIBUTION AREAS APRIL 2017 MARCH 2017 YEAR TO DATE
    FISCAL
    YEAR TO DATE
    CALENDAR
    General Fund $ 72,805,604.79 $ 69,414,310.79 $ 582,461,588.21 $ 213,548,289.31
    School Fund $ 490,132.44 $ 470,183.40 $ 4,215,530.90 $ 1,465,399.48
    School Fund Escrow $ - $ - $ 12,988.69 $ -
    Permanent Fund $ 24,730,751.09 $ 24,152,184.83 $ 237,576,615.04 $ 78,066,206.50
    Constitutional Budget
    Reserve Fund
    $ - $ - $ 14,731,925.36 $ -
    TOTAL FUNDS DISTRIBUTED $ 98,026,488.32 $ 94,036,679.02 $ 838,998,648.20 $ 293,079,895.29