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Annual Crude Oil Production in ND and Domestic Oil
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PRICE PER BARREL DURING CALENDAR YEARS 2010 TO 2020
Oil and Gas Gross Production and Oil Extraction Tax Revenues 2019-2021 Biennium
Price Barrels of Production (Millions)
Price
Production
Price
Production
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Source: Production: North Dakota Industrial Commission Oil Statistics Price: Average North Dakota Price from Office of State Tax Commissioner Records
Net Collections
Oil & Gas Gross Production Tax Oil Extraction Tax
Total Distributions
State General Fund Legacy Fund Counties/Cities/School Districts Three Affiliated Tribes Foundation Aid Stabilization Fund Common Schools Trust Fund Resources Trust Fund Municipal Infrastructure Fund Oil & Gas Research Fund Strategic Investment & Improvements Fund Tax Relief Fund Lignite Research Fund State Energy Research Center Fund Outdoor Heritage Fund Budget Stabilization Fund Well Plugging & Site Reclamation Fund
Total Distributions FY 2020 FY 2021 2019-2021 Biennium
$1,079,912,250 $864,064,054 $1,943,976,304 956,351,054 738,857,547 1,695,208,601
$2,036,263,304 $1,602,921,601 $3,639,184,905
$400,000,000 965,917,312 542,393,665 419,460,520 149,035,303 149,035,303 305,522,369 29,875,000 16,000,000 372,009,651 200,000,000 10,000,000 5,000,000 15,000,000 48,431,258 11,504,524
$3,639,184,905
Note: Some collections are distributed in the following biennium and some distributions are from revenue collected in the prior biennium. Distributions lag collections by one month. ND Office of State Tax Commissioner 55th Biennial Report 16
