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Project on Government Oversight
 

 

 

 

Oil Royalty Settlements: Big Oil and Good Government - They Just Don't Mix

April 28, 2000 

 

Major
Beneficiaries
of the
Moratorium
State and Private
Oil Royalty-and-Tax
Evasion
Lawsuit Settlements*
Being Sued or
Investigated
by the
U.S. Justice
Department
Federal
Lobbying
Expenses
1997-98 ²
Federal
Campaign
Contributions
1997-98
ARCO Alaska-$285 million
California-NA

$9 million $702,270
BP Amoco Alaska-$1.6 billion
Private - NA ³
$32 million $7.7 million $761,861
Burlington Resources, Inc.
$8.5 million

Canadian Occidental
Portion of $70 million

Chevron Alaska-$92.6 million
California-NA
Texas-$17.5 million
Private-NA
$95 million $5.6 million $793,579
Conoco New Mexico-
$1.15 million
$26 million $60,000 $60,000
Exxon Alaska-$154 million
Private - $10 million
YES $8.2 million $813,900
Kerr-McGee/
Oryx Energy

Portion of $70 million

Marathon Oil Co.
YES

Mobil Alabama-$15 million
Alaska-$10 million
California-NA
New Mexico-$2.47 million
Texas-$11.5 million
Private-$15 million
$45 million
settlement
$8.1 million $237,250
Oxy USA Inc.
$7.3 million

PennZenergy
Portion of $70 million

Phillips
Petroleum
Alaska-$250 million
New Mexico-$530,000
$8 million $1.5 million $297,246
Shell California-NA
Private-NA
YES $4.6 million $113,500
Sun
Portion of $70 million

Texaco Alaska-$3.2 million
California-NA
Louisiana-$400 million
New Mexico-$4.15 million
$43 million $8.3 million $414,295
Unocal California-NA YES $2.3 million $106,500


Sources: Lobbying expenditure and campaign contribution statistics from Center for Responsive Politics. State and private oil royalty settlement information from various news sources.

*This list includes financial settlements from oil royalty valuation lawsuits and government investigations. Figures may include taxes paid to state governments resulting from the settlements.

² NA - Company breakdown not available for California settlements totaling $345 million and private settlements totaling $194 million.

³Campaign contributions include soft money and PAC money.

Several companies were part of a $70 million settlement - Canadian Occidental, Kerr-Megee/Oryx Energy. PennZenergy, Sun, Texaco and Union Pacific Resources.  


Founded in 1981, the Project On Government Oversight (POGO) is a nonpartisan independent watchdog that champions good government reforms. POGO's investigations into corruption, misconduct, and conflicts of interest achieve a more effective, accountable, open, and ethical federal government.

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