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U.S. Department of the Interior
Minerals Management Service
Office of Communications
NEWS RELEASE
| FOR RELEASE: | November 25, 1998 | CONTACT: | Anne-Berry
Wade (202) 208-3985 Michael L. Baugher (303)231-3162 |
34 STATES RECEIVE $440 MILLION
The U.S. Department of the Interior's Minerals Management Service (MMS) distributed more
than $440 million to 34 states during the first nine months of 1998. The money represents
the states' cumulative share of revenues collected for mineral production on federal lands
located within their borders and from federal offshore oil and gas tracts adjacent to
their shores.
The MMS is responsible for collecting, accounting for, auditing and disbursing revenues
associated with mineral leases on federal and Indian lands. Disbursements are made to
states on a monthly basis, as bonuses, rents, royalties and other revenues are collected.
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.
Certain coastal states with federal offshore tracts adjacent to their seaward boundaries
receive 27 percent of those mineral royalties as well. Remaining offshore revenues are
deposited in special accounts of the U.S. Treasury, including the General Fund, the Land
and Water Conservation Fund and the Historic Preservation Fund.
Wyoming, New Mexico, Colorado and Utah received more than 80 percent of the total.
Alabama $10,934,744.77
Michigan $416,001.08
Oregon $67,736.64
Alaska $ 3,344,952.65
Minnesota $12,187.41
Pennsylvania $13,480.23
Arizona $ 145,566.13
Mississippi $1,768,915.43
South Dakota $279,083.74
Arkansas $ 966,185.89
Missouri $598,576.70
Texas $9,700,195.71
California $13,927,842.60
Montana $15,015,510.81
Utah $25,019,388.31
Colorado $31,853,076.97
Nebraska $7,004.09
Virginia $54,253.17
Florida $ 2,927.41
Nevada $3,636,150.93
Washington $510,236.92
Idaho $1,609,739.44
New Mexico $123,405,750.00
West Virginia $175,762.43
Illinois $32,015.31
North Carolina $115.51
Wisconsin $95.50
Kansas $950,594.28
North Dakota $2,382,317.63
Wyoming $182,936,063.54
Kentucky $72,006.26
Ohio $108,177.92
Louisiana $9,673,322.81
Oklahoma $399,550.65 Total $440,019,528.87
-MMS-
MMS Internet website address: http://www.mms.gov
24 hour Fax-on-Demand Service:(202) 219-1703