Royalty Accounting

  • Funds Received


    Funds Received from Oil and Gas Leases by Revenue Type


    REVENUE TYPE FEBRUARY 2017 JANUARY 2017 YEAR TO DATE
    FISCAL
    YEAR TO DATE
    CALENDAR
    Rents & Bonus Bids $ 759,426.68 $ 315,609.84 $ 19,094,301.81 $ 759,426.68
    Net Profit Share Leases $ 1,897,390.09 $ 1,620,534.37 $ 11,154,999.75 $ 1,897,390.09
    Royalty $ 97,304,754.02 $ 94,004,898.53 $ 600,200,748.43 $ 97,304,754.02
    Adjustments/Settlements/Audit $ - $ - $ - $ -
    Federally Shared Royalty $ 1,041,844.11 $ 804,659.20 $ 5,889,370.07 $ 1,041,844.11
    Interest $ 13,313.05 $ 67,187.71 $ 10,596,060.80 $ 13,313.05
    TOTAL FUNDS RECEIVED $ 101,016,727.95 $ 96,812,889.65 $ 646,935,480.86 $ 101,016,727.95


    Royalty Distribution


    Distribution of Funds Received


    DISTRIBUTION AREAS FEBRUARY 2017 JANUARY 2017 YEAR TO DATE
    FISCAL
    YEAR TO DATE
    CALENDAR
    General Fund $ 71,328,373.73 $ 68,265,728.12 $ 440,241,672.63 $ 71,328,373.73
    School Fund $ 505,083.64 $ 484,064.45 $ 3,255,215.06 $ 505,083.64
    School Fund Escrow $ - $ - $ 12,988.69 $ -
    Permanent Fund $ 29,183,270.58 $ 28,063,097.08 $ 188,693,679.12 $ 29,183,270.58
    Constitutional Budget
    Reserve Fund
    $ - $ - $ 14,731,925.36 $ -
    TOTAL FUNDS DISTRIBUTED $ 101,016,727.95 $ 96,812,889.65 $ 646,935,480.86 $ 101,016,727.95