STATE SECTION 8(g) REVENUE FROM
LOUISIANA'S OUTER CONTINENTAL SHELF 13
(Dollars)
					SETTLE-	TOTAL
YEAR	RENTALS	BONUSES	ROYALTIES	8G ESCROW	MENT	SUM
1986	610,567	1,912,734	66,176,203	0	0	68,699,504
1987	148,578	3,150,519	11,043,115	572,000,000	2,520,000	588,862,212
1988	153,561	5,528,006	8,708,079	0	2,520,000	16,909,646
1989	175,817	2,890,298	7,163,105	0	2,520,000	12,749,220
1990	430,198	5,570,375	6,239,368	0	2,520,000	14,759,941
1991	303,824	2,220,094	8,461,261	0	2,520,000	13,505,179
1992	258,787	1,189,989	6,405,279	0	5,880,000	13,734,055
1993	235,250	965,504	7,373,550	0	5,880,000	14,454,304
1994	1,016,932	1,913,682	11,780,932	0	5,880,000	20,591,546
1995	255,213	890,002	8,012,718	0	5,880,000	15,037,933
1996	292,445	4,666,400	12,283,395	0	5,880,000	23,122,240
1997	686,051	5,689,689	11,855,454	0	8,400,000	26,631,194
1998	412,229	1,744,928	9,621,860	0	8,400,000	20,179,017
1999	357,379	241,659	6,284,879	0	8,400,000	15,283,917
2000	321,695	1,268,244	12,690,937	0	8,400,000	22,680,876
2001	303,675	2,148,111	30,454,058	0	8,400,000	41,305,844
2002	94,841	N/A	11,768,383	0	0	11,863,224
2003	284,563	2,842,662	26,447,045	0	0	29,574,271
2004	490,745	7,620,500	30,145,237	0	0	38,256,482
2005	374,717	2,521,931	27,995,948	0	0	30,892,596
2006	494,362	5,947,411	24,325,787	0	0	30,767,560
2007	196,129	-2,695,489	25,498,932	0	0	22,999,572
2008	412,813	6,196,386	36,547,175	0	0	43,156,374
See footnotes on Appendix B
Royalty revenues from Federal offshore leases on the Outer Continental Shelf (OCS) are distributed to the Land and Water.
Conservation Fund, the Historic Preservation Fund, and the General Fund of the U.S. Treasury.  Transfers are made in each fiscal
year from OCS royalties, rentals and bonuses in order to maintain the Land and Water Conservation Fund's annual authorization of
$900 million. Annually, $150 million is put into the Historic Preservation Fund.  The balance of offshore revenue receipts is directed
to the General Fund of the U.S. Treasury.
Section 8(g) of the Outer Continental Shelf Lands Act Amendments of 1978 provided that the states were to receive a "fair and
equitable" division of revenues generated from the leasing of lands within 3 miles of the seaward boundary of a coastal state that
contains one or more oil and gas pools or fields underlying both the OCS and lands subject to the jurisdiction of the state.  The
states and the federal government, however, were unable to reach agreement concerning the meaning of the term "fair and
equitable".  Revenues generated in the 3-mile boundary zone were subsequently placed into an escrow fund in August 1979.
Congress resolved the dispute over the meaning of "fair and equitable" in the Outer Continental Shelf Lands Act Amendments of
1985, Public Law 99-272.   The law provided for the following distribution of revenues to the states under section 8(g):
Before 1986:  Louisiana did not receive any shared revenue from OCS production prior to 1986.
1986:  Louisiana received a payment of $68.7 million from royalties, rentals and bonuses collected in 1986 and prior years.
1998-2000:  In 1987 Louisiana received an initial settlement payment of $572 million from the escrow funds. A series of annual
	settlement payments have been disbursed to the states over a 15-year period  along with an annual disbursement
	of 27 percent of royalty, rental, and bonus revenues received within each affected state's 8(g) zone.  The annual
	settlement payments are: From 1987 through 1991, Louisiana received an annual settlement payment of $2.52
	million per year.  From 1992 through 1996, the state received an annual settlement payment of $5.88 million per
	year.  Beginning in 1997 until the last payment in 2001, Louisiana will receive an annual settlement payment of
	approximately $8.40 million per year.
2002 and After: No further settlement payments; states receive only a recurring annual disbursement of 27 percent of royalty,
	rental, and bonus revenues received within each affected state's 8(g) zone. Louisiana will receive an annual
	disbursement of 27 percent of royalty, rental, and bonus revenues received within Louisiana's affected 8(g) zone.
	Page revised		8-May-09	- data available through March 20, 2009