Texas Nets $9.7 Million as State's Share of Federal Mineral Revenues in 1999

The Department of the Interior’s Minerals Management Service (MMS) reports that the State of Texas received $9,774,358.57 as its 1999 share of minerals revenues collected from federal public lands located within its borders and from federal offshore tracts adjacent to its seaward boundary.

The money, $9,382,599.30 of which came from the offshore tracts, represents the State's share of bonuses, rents and royalties.

In addition to this continuing share of revenues, Texas was paid $13,400,000 by the federal government as part of its 8(g) tracts settlement in April 1999.

Through its Royalty Management Program, the Minerals Management Service is responsible for collecting, accounting for, auditing and disbursing revenues associated with mineral leases on federal and Indian lands.

"A state is entitled to a share of the mineral revenues collected from federal lands located within that state’s boundaries. For the majority of federal lands, states and the federal government share the revenues: 50 percent to the state, 40 percent to the Reclamation Fund for water projects, and 10 percent to the U.S. Treasury. One exception, Alaska, gets a 90-percent share, as prescribed by the Alaska Statehood Act," explained MMS Director Walt Rosenbusch.

"Coastal states, including Texas, with federal offshore tracts adjacent to their seaward boundaries, receive 27 percent of those mineral royalties as well," Rosenbusch added.

Disbursements are made to states on a monthly basis, as revenues are collected. A total of $541,413,254.87 was distributed to 36 states in 1999 as their share of revenues collected by the MMS. "Amounts vary according to production and market prices," said Rosenbusch, "$559 million was distributed to states in 1998, $617 million in 1997 and $528 million in 1996."

Alabama	$12,394,614.92	Louisiana	$8,870,525.88	Oklahoma	$960,281.60
Alaska	$4,155,721.39	Michigan	$462,784.92	Oregon	$38,733.42
Arizona	$63,590.26	Minnesota	$12,263.98	Pennsylvania	$22,167.31
Arkansas	$874,263.40	Mississippi	$818,678.35	South Dakota	$311,579.43
California	$15,846,647.82	Missouri	$1,013,412.09	Tennessee	$7.45
Colorado	$38,076,381.02	Montana	$17,219,246.63	Texas	$9,774,358.57
Florida	$2,816.11	Nebraska	$8,762.83	Utah	$31,943,576.06
Georgia	$54.51	Nevada	$2,245,222.30	Virginia	$51,946.97
Idaho	$2,363,855.86	New Mexico	$148,579,252.88	Washington	$1,472,893.34
Illinois	$88,841.58	North Carolina	$126.46	West Virginia	$215,350.86
Kansas	$882,710.45	North Dakota	$2,649,234.54	Wisconsin	$45.02
Kentucky	$44,892.95	Ohio	$117,944.80	Wyoming	$239,830,468.91
				Total	$541,413,254.87

The MMS is the Federal agency that manages the Nation’s oil, natural gas, and other mineral resources on the OCS; and collects, accounts for, and disburses about $4 billion in yearly revenues from offshore Federal mineral leases and from onshore mineral leases on Federal and American Indian lands.

FOR RELEASE:	January 25, 2000	Barney Congdon
		(504) 736-2595
		Caryl Fagot
		(504) 736-2590