Royalty Accounting

  • Funds Received


    Funds Received from Oil and Gas Leases by Revenue Type


    REVENUE TYPE JUNE 2017 MAY 2017 YEAR TO DATE
    FISCAL
    YEAR TO DATE
    CALENDAR
    Rents & Bonus Bids $ 8,402,081.86 $ 3,938,939.81 $ 33,275,329.35 $ 14,940,454.22
    Net Profit Share Leases $ 1,745,088.07 $ (6,718,288.45) $ 9,650,375.69 $ 392,766.03
    Royalty $ 76,602,274.99 $ 58,265,553.34 $ 919,237,512.51 $ 416,341,518.10
    Adjustments/Settlements/Audit $ - $ 55,552,264.46 $ 55,552,264.46 $ 55,552,264.46
    Federally Shared Royalty $ 1,076,744.42 $ 1,148,275.93 $ 10,710,731.13 $ 5,863,205.17
    Interest $ 1,542.36 $ (10,588,671.14) $ (1,759.29) $ (10,584,507.04)
    TOTAL FUNDS RECEIVED $ 87,827,731.70 $ 101,598,073.95 $ 1,028,424,453.85 $ 482,505,700.94


    Royalty Distribution


    Distribution of Funds Received


    DISTRIBUTION AREAS JUNE 2017 MAY 2017 YEAR TO DATE
    FISCAL
    YEAR TO DATE
    CALENDAR
    General Fund $ 61,540,647.03 $ 32,528,959.11 $ 676,531,194.35 $ 307,617,895.45
    School Fund $ 439,138.66 $ 230,229.05 $ 4,884,898.61 $ 2,134,767.19
    School Fund Escrow $ - $ - $ 12,988.69 $ -
    Permanent Fund $ 25,847,946.01 $ 13,286,621.33 $ 276,711,182.38 $ 117,200,773.84
    Constitutional Budget
    Reserve Fund
    $ - $ 55,552,264.46 $ 70,284,189.82 $ 55,552,264.46
    TOTAL FUNDS DISTRIBUTED $ 87,827,731.70 $ 101,598,073.95 $ 1,028,424,453.85 $ 482,505,700.94