The Department of the Interior’s (DOI) Office of Natural Resources Revenue announced it disbursed over $18 billion in revenue generated in fiscal year 2023 from energy production on federal and Tribal lands.
The revenue was collected from oil, gas, renewable energy and mineral production on federal lands and offshore oil and gas tracts. The agency dispersed $1.43 billion to 33 Tribes and 31,000 individual Indian mineral rights owners to pursue conservation and natural resource projects, health care and education and support other critical community development programs.
Funding also included over $3 billion to the Bureau of Reclamation, $1 billion to the Land and Water Conservation Fund, and over $7 billion for the Historic Preservation Fund, federal agencies and the U.S. Treasury.
