In 2014, WPX paid approximately $123 million in royalties to private landowners in Colorado for our local oil and gas production.
Over the past decade, that figure is substantially higher – more than $1 billion in disbursements to private landowners in Colorado.
We also pay royalties for our in-state wells that are located on federal lands in Colorado. In 2014, we paid approximately $66 million in federal royalties related to our Colorado energy production.
Over the past decade, we paid more than $500 million in royalties to the federal government for our Colorado operations on federal lands.