The Gulf Research Program Annual Report 2013-2014 (2015)
Chapter: FINANCIALS
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Suggested Citation:
"FINANCIALS." National Academies of Sciences, Engineering, and Medicine. 2015. The Gulf Research Program Annual Report 2013-2014. Washington, DC: The National Academies Press.
doi: 10.17226/21823.
Proceeds from BP Exploration and Production Inc.
and Transocean Deepwater Inc.
| BP | Transocean | Total | ||
| Proceeds received: | 2013: | $ 5,000,000 | $ 2,000,000 | $ 7,000,000 |
| 2014: | $ 15,000,000 | $ 7,000,000 | $ 22,000,000 | |
| Proceeds received to date: | $ 20,000,000 | $ 9,000,000 | $ 29,000,000 | |
| Proceeds to be received: | 2015: | $ 45,000,000 | $ 21,000,000 | $ 66,000,000 |
| 2016: | $ 80,000,000 | $ 60,000,000 | $ 140,000,000 | |
| 2017: | $ 90,000,000 | $ 60,000,000 | $ 150,000,000 | |
| 2018: | $ 115,000,000 | - | $ 115,000,000 | |
| Proceeds to be received: | $ 330,000,000 | $ 141,000,000 | $ 471,000,000 | |
| Total Proceeds: | $ 350,000,000 | $ 150,000,000 | $ 500,000,000 | |
Gulf Research Program Financial Overview
(4/15/2013 - 12/31/2014)
| Proceeds Received | $ 29,000,000 |
| Investment Return (includes dividends) | $ 2,391,698 |
| Total Funds Available | $ 31,391,698 |
| Program Expenditures through 12/31/2014 | $ (4,391,100) |
| Net Funds Available at 12/31/2014 | $ 27,000,598 |
| Cash on Hand for Expenditures | $ 32,855 |
| Funds Invested | $ 26,967,743 |
| Net Funds Available at 12/31/2014 | $ 27,000,598 |
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