FINANCIALS
FY22
FY20
FY21
Variance
Actuals
Actuals
Actuals
FY21 vs FY22
$ millions, subject to rounding
Net Annual Volumes Oil (MBBL) Gas + NGLs (MMCF)
14,854 50,042 23,194
15,362 47,753 23,321
17,505 54,453 26,581
14% 14% 14%
Million Barrels of Oil Equivalent (MBOE)
Commodity Pricing West Texas Intermediate (WTI)
$46.86 $45.22
$51.98 $52.61
$87.81 $88.60
69% 68%
Avg. Oil Price Received
Avg. Gas Price Received (including NGLs)
$1.68
$3.49
$7.43
113%
Permanent University Fund (Minerals) Oil Revenue
677
808 167
1,556
93%
Gas Revenue
90
421 147
153%
Bonuses, Unitization Payments
4
4
3256%
Total
$771
$979
$2,125
117%
Available University Fund (Surface) Water, Caliche, Damages
23
19
25
32% 51% 66% -44% 50%
Grazing
5
5
7
Easements, Renewables & Salt Water Interest, Penalty, Assignment Fees
48
37
62
2
3
2
Total
$78
$64
$96
Total Revenue (Gross)
$849
$1,043
$2,220
113%
Expenses General & Administrative + Operating $/Barrel of Oil Equivalent Production
22
21
19
-7%
0.94
0.89
0.72
-19%
Net Revenue
$827
$1,023
$2,201
115%
17
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