Oklahoma Commissioners of the Land Office
The Commissioners of the Land Office manages assets that form a trust established to help fund public education in the State of Oklahoma.
The Minerals Management Division of CLO manages 1,108,129 mineral acres for the benefit of public education. These lands are located in 75 of the 77 counties across Oklahoma. The MMD staff is responsible for the oversight of approximately 6,000 wells and 7,000 active oil and gas leases. Oil and gas lease auctions are held every other month and hosted through Energy Net.
The corpus of the trust is comprised of over 730,000 surface acres and 1.1 million mineral acres set aside by the Organic Act of 1890 and the Oklahoma Enabling Act of 1906. In addition to the agency’s land and mineral assets, the CLO has an over $2.7 billion portfolio invested for the ultimate benefit of education in Oklahoma. In FY 2020, the CLO distributed nearly $127 million in revenue for Oklahoma K-12 and designated higher education institutions.