States Receive Millions in First Half of 1998 as Share of Federal Mineral Revenues

U.S. Department of the Interior
Minerals Management Service
Office of Communications

STATES RECEIVE MILLIONS IN FIRST HALF
OF 1998 AS SHARE OF FEDERAL MINERAL REVENUES

The U.S. Department of the Interior's Minerals Management Service (MMS) announced today that it distributed nearly $293 million to 34 states during the first six months of 1998.

"So far, distribution is halfway between the 1997 record $333 million and 1996's $251 million. Differences in revenues depend upon production and prices," explained MMS Director Cynthia Quarterman.

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. These 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.

Alabama . . . . . . . . . . . . . . . . . $7,605,002.13
Alaska . . . . . . . . . . . . . . . . . . . $2,430,934.06 Arizona. . . . . . . . . . . . . . . . . . . . $144,730.28
Arkansas. . . . . . . . . . . . . . . . . . . $615,277.70 Colorado. . . . . . . . . . . . . . . . .$22,218,345.50 California . . . . . . . . . . . . . . . . . $7,997,176.12 Florida . . . . . . . . . . . . . . . . . . . . . . $2,927.41
Idaho . . . . . . . . . . . . . . . . . . . . . $735,807.34 Illinois . . . . . . . . . . . . . . . . . . . . . .$18,389.82 Kansas . . . . . . . . . . . . . . . . . . . . $671,725.18 Kentucky. . . . . . . . . . . . . . . . . . . .$58,459.17 Louisiana . . . . . . . . . . . . . . . . . $6,087,481.50 Michigan. . . . . . . . . . . . . . . . . . . $304,240.37 Minnesota . . . . . . . . . . . . . . . . . . . . . $101.91 Mississippi. . . . . . . . . . . . . . . . . . $987,592.70 Missouri . . . . . . . . . . . . . . . . . . . $400,374.30 Montana . . . . . . . . . . . . . . . . . . $9,625,818.45

Nebraska . . . . . . . . . . . . . . . . . . . . .$5119.65 Nevada . . . . . . . . . . . . . . . . . . $2,394,122.82 New Mexico. . . . . . . . . . . . . .$87,939,125.35 North Carolina . . . . . . . . . . . . . . . . . . $115.51 North Dakota . . . . . . . . . . . . . $1,591,325.01 Ohio . . . . . . . . . . . . . . . . . . . . . . . $73,390.05 Oklahoma . . . . . . . . . . . . . . . . . $399,550.65 Oregon . . . . . . . . . . . . . . . . . . . . . $56,301.37 Pennsylvania . . . . . . . . . . . . . . . . . . $8,558.42 South Dakota . . . . . . . . . . . . . . . $201,399.08 Texas . . . . . . . . . . . . . . . . . . . $7,428,789.03 Utah . . . . . . . . . . . . . . . . . . . .$18,096,251.84 Virginia. . . . . . . . . . . . . . . . . . . . . .$36,954.47 Washington. . . . . . . . . . . . . . . . . $464,112.51 West Virginia. . . . . . . . . . . . . . . . $121,383.47 Wisconsin . . . . . . . . . . . . . . . . . . . . . . $95.50 Wyoming . . . . . . . . . . . . . . . $114,192,770.33

MMS Internet website address: http://www.mms.gov
24 hour Fax-on-Demand Service: (202) 219-1703