Colorado receives $146.2 million share of federal energy revenues

Colorado received $146.2 million in the latest disbursement of revenues from energy production on federal lands in the state.

The money was part of more than $21.5 billion disbursed by the U.S. Department of Interior Office of Natural Resources Revenue during the 2022 fiscal year.

The offices makes most disbursements monthly from the royalties, rents and bonuses it collects from energy and mineral companies operating on federal lands and waters. Since 1982, the Interior Department has distributed more than $353 billion.

The overall disbursement for the 2022 fiscal year was the second largest since 1983. Renewable energy programs generated record revenues and included $4.27 billon from the New York Bight offshore wind lease sale.

A total of $4.36 billion was disbursed to 33 states.

The disbursement also included $10.64 billion to the U.S. Treasury, more than $3.3 billion to the reclamation fund,  nearly $1.6 billion to tribes and individual mineral owners, $460 million to federal agencies and $150 million to an historic preservation fund.

Colorado ranked fourth among states receiving the largest disbursements. New Mexico ranked first with $2.74 billion, followed by Wyoming with $785.73 million and North Dakota with 163.65 million.

Revenue for the 2022 fiscal year in Colorado totaled more than $393 million. Revenue from natural gas production accounted for nearly half of that at almost $174 million. Another $98.6 million in revenue came from oil production and almost $22.4 million from coal.

Revenue in Mesa County exceeded $10.1 million, almost $9.5 million of that from royalities.

Mesa County ranked six among Colorado counties for revenues. Garfield County ranked first with nearly $130 million in revenues, followed by Weld County with $96.8 million and Rio Blanco County with $69.4 million.