EXHIBIT 99
November 3, 1995
Sabine Royalty Trust
To Unit Holders:
The enclosed schedules reflect Federal and state tax information for Sabine
Royalty Trust (the "Trust") on a monthly basis from January through September,
1995. Since the Trust is classified as a "grantor trust" for Federal income tax
purposes, the income received or accrued and deductions paid or incurred by the
Trust are deemed to be received or accrued and paid or incurred, respectively,
by each Unit holder at the same time as the Trust. Therefore, the taxable year
for reporting a Unit holder's share of the Trust's income and deductions is
controlled by the Unit holder's taxable year and method of accounting rather
than the taxable year and method of accounting of the Trust. Noncumulative
monthly schedules are enclosed, which reflect gross royalty income, severance
tax, interest income, and administrative expense on a per-Unit basis. Specific
items of tax information applicable to a Unit holder, other than depletion, may
be determined by multiplying the appropriate decimal fractions, reflected on a
particular monthly schedule, by the number of Units owned on the Monthly Record
Date which falls within the month. If Units in the Trust were not owned on a
specified Monthly Record Date, tax information should not be computed with
respect to such Units for the month in which that Monthly Record Date falls. The
Monthly Record Dates for the first three quarters of 1995 were January 17,
February 15, March 15, April 17, May 15, June 15, July 17, August 15, and
September 15.
The depletion schedules enclosed provide information for Unit holders to compute
cost depletion deductions with respect to their interest(s) in the Trust. To
compute depletion for any taxable period, Unit holders should multiply the
depletion factor indicated on the relevant schedule by their original tax basis
in the respective Unit(s), reduced by the cost depletion that was allowable as a
deduction (whether or not deducted) in prior calendar years, if any.
Noncorporate Unit holders who acquired Units in the original distribution from
Sabine Corporation ("Sabine") should use Depletion Schedule I to compute 1995
depletion on those Units. Corporate Unit holders that acquired Units in the
original distribution from Sabine should use Depletion Schedule II to compute
1995 depletion on those Units. The proper depletion schedule to be utilized for
Units owned is reflected in the following schedule.
Purchase Date Depletion Table
- ------------- ---------------
Original Distribution See preceding paragraph
Before----12/16/83 I
12/16/83--12/17/84 III
12/18/84--12/16/85 IV
12/17/85--03/17/86 V
03/18/86--12/15/86 VI
12/16/86--12/15/87 VII
12/16/87--12/15/88 VIII
12/16/88--12/15/89 IX
12/16/89--12/17/90 X
12/18/90--12/15/91 XI
12/16/91--12/15/92 XII
12/16/92--12/15/93 XIII
12/16/93--12/15/94 XIV
12/16/94--09/15/95 XV
The amount of depletion attributable to a specific state may be determined
by multiplying the depletion factor indicated for the particular state times
the Federal tax basis in the Unit(s) held, reduced by prior calendar years'
allowable Federal depletion, if any. The Federal and state depletion factors
contained on Depletion Schedule I through Depletion Schedule XIV are presented
on a cumulative basis for 1995. However, the Federal and state depletion
factors contained on Depletion Schedule XV are summarized separately; and the
state factors are presented on a noncumulative basis. If you are using
Depletion Schedule XV for your state income tax return(s), you may either
calculate the applicable state depletion for each month and add the monthly
depletion amounts together, or you may add together the applicable monthly
depletion factors for the relevant state and multiply this created composite
depletion factor times your adjusted basis in your Units. The result should be
the same using either method.
Different depletion schedules may be required to be used for Units acquired
in different years by a Unit holder. Therefore, Unit holders are encouraged to
maintain records indicating the date of acquisition and the acquisition price
for each Unit or lot of Units acquired.
The above information is intended to provide a brief explanation of the manner
in which the enclosed schedules should be utilized in determining each Unit
holder's pro rata share of income and deduction attributable to the Trust for
the individual months of 1995 and should not be construed as professional tax or
legal advice. Unit holders are encouraged to consult their own tax advisors.
Very truly yours,
Sabine Royalty Trust
By NationsBank of Texas N.A., Trustee
CUMULATIVE 1995
SABINE ROYALTY TRUST
EIN 75-6297143
FORM 1041, GRANTOR TRUST
Federal and State Income Tax Information
See Instructions for Use
SECTION I
INCOME AND EXPENSE PER UNIT
OTHER INCOME
ROYALTY INCOME AND EXPENSE AND EXPENSE
------------------------------ ------------------------
Net
Gross Severance Royalty Interest Administrative
Source Income Tax Payments Income Expense
------ ---------- --------- --------- --------- --------------
Florida $ .039064 $.012285 $ .026779 $ * $.003284
Louisiana .083384 .005712 .077672 .000865 .010519
Mississippi .025829 .001901 .023928 * .002441
New Mexico .061972 .005855 .056117 * .005880
Oklahoma .187039 .014099 .172940 * .018694
Texas .594612 .031625 .562987 .004577 .062717
---------- -------- --------- --------- --------
TOTAL $ .991900 $.071477 $ .920423 $ .005442 $.103535
========== ======== ========= ========= ========
SECTION II
RECONCILIATION OF CASH DISTRIBUTIONS PER UNIT
Item AMOUNT
- ---- ---------
1. Total Net Royalty Payments....................................... $ .920423
2. Interest Income.................................................. .005442
3. Administrative Expense........................................... (.103535)
---------
4. Cash Distribution Per Unit**..................................... $ .822330
=========
- --------
* Revenue attributable to these states was invested and earned interest
income. Since the investments were made in Dallas, Texas, and the interest
was paid there, such interest is included in the Texas interest income.
** Includes amounts withheld by the Trust from distributions to nonresident
alien individuals and foreign corporations and remitted directly to the
United States Treasury. This also includes amounts withheld pursuant to the
backup withholding provisions.
FOR JULY 1995
SABINE ROYALTY TRUST
EIN 75-6297143
FORM 1041, GRANTOR TRUST
Federal and State Income Tax Information
See Instructions for Use
SECTION I
INCOME AND EXPENSE PER UNIT
OTHER INCOME
ROYALTY INCOME AND EXPENSE AND EXPENSE
--------------------------- ------------------------
Net
Gross Severance Royalty Interest Administrative
Source Income Tax Payments Income Expense
------ -------- --------- -------- --------- --------------
Florida $.002404 $.000200 $.002204 $ * $.000278
Louisiana .008956 .000608 .008348 .000094 .001323
Mississippi .002771 .000277 .002494 * .000321
New Mexico .005510 .000542 .004968 * .000638
Oklahoma .013731 .001138 .012593 * .001590
Texas .061142 .003468 .057674 .000516 .007081
-------- -------- -------- --------- --------
TOTAL $.094514 $.006233 $.088281 $ .000610 $.011231
======== ======== ======== ========= ========
SECTION II
RECONCILIATION OF CASH DISTRIBUTIONS PER UNIT
ITEM AMOUNT
- ---- --------
1. Total Net Royalty Payments........................................ $.088281
2. Interest Income................................................... .000610
3. Administrative Expense............................................ (.011231)
--------
4. Cash Distribution Per Unit**...................................... $.077660
========
- --------
* Revenue attributable to these states was invested and earned interest
income. Since the investments were made in Dallas, Texas, and the interest
was paid there, such interest is included in the Texas interest income.
** Includes amounts withheld by the Trust from distributions to nonresident
alien individuals and foreign corporations and remitted directly to the
United States Treasury. This also includes amounts withheld pursuant to the
backup withholding provisions.
For August 1995
SABINE ROYALTY TRUST
EIN 75-6297143
FORM 1041, GRANTOR TRUST
Federal and State Income Tax Information
See Instructions for Use
SECTION I
INCOME AND EXPENSE PER UNIT
OTHER INCOME
ROYALTY INCOME AND EXPENSE AND EXPENSE
--------------------------- ------------------------
Net
Gross Severance Royalty Interest Administrative
Source Income Tax Payments Income Expense
------ -------- --------- -------- --------- --------------
Florida $.002158 $.000174 $.001984 $ * $.000192
Louisiana .003800 .000477 .003323 .000097 .000625
Mississippi .002309 .000174 .002135 * .000206
New Mexico .005211 .000474 .004737 * .000465
Oklahoma .014772 .001131 .013641 * .001317
Texas .048731 .002514 .046217 .000476 .004345
-------- -------- -------- --------- --------
TOTAL $.076981 $.004944 $.072037 $ .000573 $.007150
======== ======== ======== ========= ========
SECTION II
RECONCILIATION OF CASH DISTRIBUTIONS PER UNIT
ITEM AMOUNT
- ---- --------
1. Total Net Royalty Payments........................................ $.072037
2. Interest Income................................................... .000573
3. Administrative Expense............................................ (.007150)
--------
4. Cash Distribution Per Unit**...................................... $.065460
========
- --------
* Revenue attributable to these states was invested and earned interest
income. Since the investments were made in Dallas, Texas, and the interest
was paid there, such interest is included in the Texas interest income.
** Includes amounts withheld by the Trust from distributions to nonresident
alien individuals and foreign corporations and remitted directly to the
United States Treasury. This also includes amounts withheld pursuant to the
backup withholding provisions.
For September 1995
SABINE ROYALTY TRUST
EIN 75-6297143
FORM 1041, GRANTOR TRUST
Federal and State Income Tax Information
See Instructions for Use
SECTION I
INCOME AND EXPENSE PER UNIT
OTHER INCOME
ROYALTY INCOME AND EXPENSE AND EXPENSE
--------------------------- -----------------------
Net
Gross Severance Royalty Interest Administrative
Source Income Tax Payments Income Expense
------ -------- --------- -------- -------- --------------
Florida $.018792 $.010573 $.008219 $ * $.000810
Louisiana .016168 .000603 .015565 .000138 .000982
Mississippi .005133 .000329 .004804 * .000221
New Mexico .006583 .000638 .005945 * .000284
Oklahoma .021043 .001649 .019394 * .000907
Texas . 082053 .004622 .077431 .000593 .003535
-------- -------- -------- -------- --------
TOTAL $.149772 $.018414 $.131358 $.000731 $.006739
======== ======== ======== ======== ========
SECTION II
RECONCILIATION OF CASH DISTRIBUTIONS PER UNIT
ITEM AMOUNT
- ---- --------
1. Total Net Royalty Payments........................................ $.131358
2. Interest Income................................................... .000731
3. Administrative Expense............................................ (.006739)
--------
4. Cash Distribution Per Unit**...................................... $.125350
========
- --------
* Revenue attributable to these states was invested and earned interest
income. Since the investments were made in Dallas, Texas, and the interest
was paid there, such interest is included in the Texas interest income.
** Includes amounts withheld by the Trust from distributions to nonresident
alien individuals and foreign corporations and remitted directly to the
United States Treasury. This also includes amounts withheld pursuant to the
backup withholding provisions.
SABINE ROYALTY TRUST
DEPLETION SCHEDULE I
The cumulative depletion factors reflected in Depletion Schedule I should be
used to compute 1995 federal and state depletion amounts attributable to Units
acquired by noncorporate Unit holders in the original distribution from Sabine
Corporation and all other Units purchased in 1983 by any Unit holder for which
the Unit holder was entitled to one or more 1983 monthly distributions. This
schedule should not be used to compute depletion amounts for any other Units
owned. (See the accompanying information for computation instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .016235 .027993 .037224 .049073 .057531 .069216 .080352 .088469 .103119 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000009 .000014 .000018 .000022 .000027 .000031 .000036 .000040 .000095 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------- -------
Louisiana .000944 .001873 .002881 .003949 .004943 .005557 .006621 .007087 .008260 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------- -------
Mississippi .000483 .000833 .001268 .001720 .002213 .002770 .003277 .003623 .004496 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------- -------
New Mexico .000252 .000657 .000843 .001081 .001267 .001523 .001720 .001892 .002170 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------- -------
Oklahoma .001893 .004178 .004606 .006436 .007576 .009460 .010993 .012112 .013680 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------- -------
Texas .012654 .020438 .027608 .035865 .041505 .049875 .057705 .063715 .074418 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------- -------
DEPLETION SCHEDULE II
The cumulative depletion factors reflected in Depletion Schedule II should
be used to compute 1995 federal and state depletion amounts attributable to
Units acquired in the original distribution from Sabine Corporation by
corporate Unit holders. This schedule should not be used to compute depletion
amounts for any other Units owned. (See the accompanying information for
computation instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .017155 .030669 .041459 .055322 .066182 .079618 .013326 .009110 .017651 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000000 .000000 .000000 - - - - - - - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .002304 .004570 .007030 .009636 .012061 .013558 .016153 .017290 .020151 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .002286 .003941 .006003 .008142 .010476 .013115 .015517 .017153 .021285 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000299 .000778 .000998 .001280 .001500 .001803 .002036 .002239 .002568 - - -
------- ------- ------- ------- ------- ------- ------- ------- -------- ------- ------- -------
Oklahoma .002649 .005847 .006446 .009007 .010602 .013238 .015384 .016951 .019146 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .009617 .015533 .020982 .027257 .031543 .037904 .043854 .048421 .056555 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
SABINE ROYALTY TRUST
DEPLETION SCHEDULE III
The cumulative depletion factors reflected in Depletion Schedule III should
be used to compute 1995 federal and state depletion amounts attributable to
Units purchased for which the Unit holder initially became entitiled to
distributions in 1984. This schedule should not be used to compute depletion
amounts for any other Units owned. (See the accompanying information for
computation instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .015452 .026577 .035514 .046842 .054988 .066020 .010680 .007691 .014005 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000010 .000015 .000020 .000024 .000029 .000034 .000039 .000044 .000102 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .001157 .002295 .003531 .004840 .006058 .006810 .008114 .008685 .010123 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000432 .000744 .001133 .001537 .001978 .002476 .002930 .003239 .004019 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000160 .000417 .000535 .000686 .000804 .000966 .001091 .001200 .001376 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .001671 .003689 .004067 .005683 .006689 .008352 .009706 .010694 .012079 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .012022 .019417 .026228 .034072 .039430 .047382 .054820 .060529 .070697 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
DEPLETION SCHEDULE IV
The cumulative depletion factors reflected in Depletion Schedule IV should
be used to compute 1995 federal and state depletion amounts attributable to
Units purchased for which the Unit holder initially became entitled to
distributions in 1985. This schedule should not be used to compute depletion
amounts for any other Units owned. (See the accompanying information for
computation instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .015865 .027169 .036170 .047607 .055753 .067151 .077919 .085844 .100151 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000008 .000012 .000016 .000020 .000024 .000028 .000032 .000036 .000087 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .000702 .001392 .002142 .002936 .003675 .004131 .004922 .005268 .006140 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000553 .000954 .001453 .001971 .002536 .003175 .003757 .004153 .005153 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000245 .000638 .000818 .001049 .001229 .001477 .001667 .001834 .002104 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .001661 .003667 .004042 .005648 .006648 .008301 .009647 .010630 .012006 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .012696 .020506 .027699 .035983 .041641 .050039 .057894 .063923 .074661 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
SABINE ROYALTY TRUST
DEPLETION SCHEDULE V
The cumulative depletion factors reflected in Depletion Schedule V should be
used to compute 1995 federal and state depletion amounts attributable to Units
purchased for which the Unit holder initially became entitled to distributions
on the January 15, February 17 or March 17, 1986 Monthly Record Date. This
schedule should not be used to compute depletion amounts for any other Units
owned. (See the accompanying information for computation instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .015341 .026197 .034827 .045788 .053536 .064512 .074816 .082456 .096180 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000010 .000015 .000020 .000025 .000030 .000035 .000040 .000045 .000107 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .000541 .001073 .001651 .002263 .002833 .003185 .003795 .004062 .004734 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000460 .000793 .001208 .001639 .002109 .002640 .003124 .003453 .004285 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000251 .000654 .000839 .001076 .001261 .001516 .001712 .001883 .002160 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .001557 .003437 .003789 .005294 .006231 .007781 .009042 .009963 .011253 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .012522 .020225 .027320 .035491 .041072 .049355 .057103 .063050 .073641 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
DEPLETION SCHEDULE VI
The cumulative depletion factors reflected in Depletion Schedule VI should
be used to compute 1995 federal and state depletion amounts attributable to
Units purchased for which the Unit holder initially became entitled to
distributions after the March 17, 1986 Monthly Record Date and before the
January 15, 1987 Monthly Record date. This schedule should not be used to
compute depletion amounts for any other Units owned. (See the accompanying
information for computation instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .014771 .025293 .033676 .044290 .051833 .062417 .072401 .079770 .093052 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000009 .000014 .000018 .000022 .000027 .000031 .000036 .000040 .000094 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .000622 .001234 .001899 .002603 .003258 .003663 .004364 .004671 .005444 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000466 .000803 .001223 .001659 .002134 .002671 .003160 .003493 .004335 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000285 .000742 .000952 .001221 .001431 .001720 .001942 .002136 .002450 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .001475 .003257 .003591 .005018 .005906 .007374 .008569 .009442 .010664 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .011914 .019243 .025993 .033767 .039077 .046958 .054330 .059988 .070065 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
SABINE ROYALTY TRUST
DEPLETION SCHEDULE VII
The cumulative depletion factors reflected in Depletion Schedule VII should
be used to compute 1995 federal and state depletion amounts attributable to
Units purchased for which the Unit holder initially became entitled to
distributions in 1987. This schedule should not be used to compute depletion
amounts for any other Units owned. (See the accompanying information for
computation instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .015475 .026472 .035165 .046236 .054057 .065125 .075522 .083228 .097145 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000029 .000044 .000058 .000071 .000086 .000100 .000115 .000129 .000303 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .000570 .001130 .001738 .002383 .002983 .003353 .003995 .004276 .004984 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000427 .000736 .001121 .001520 .001955 .002447 .002895 .003200 .003971 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000275 .000716 .000918 .001177 .001379 .001658 .001872 .002059 .002362 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .001608 .003550 .003914 .005469 .006438 .008039 .009342 .010293 .011626 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .012566 .020296 .027416 .035616 .041216 .049528 .057303 .063271 .073899 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
DEPLETION SCHEDULE VIII
The cumulative depletion factors reflected in Depletion Schedule VIII should
be used to compute 1995 federal and state depletion amounts attributable to
Units purchased for which the Unit holder initially became entitled to
distributions in 1988. This schedule should not be used to compute depletion
amounts for any other Units owned. (See the accompanying information for
computation instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .015697 .027034 .035770 .047101 .055090 .066387 .076997 .084837 .098966 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000036 .000055 .000073 .000089 .000108 .000125 .000144 .000161 .000380 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .000636 .001262 .001941 .002660 .003330 .003743 .004459 .004773 .005563 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000390 .000672 .001023 .001387 .001785 .002235 .002644 .002923 .003627 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000277 .000722 .000926 .001188 .001392 .001674 .001890 .002079 .002385 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .001912 .004221 .004653 .006502 .007653 .009556 .011105 .012236 .013820 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .012446 .020102 .027154 .035275 .040822 .049054 .056755 .062665 .073191 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
SABINE ROYALTY TRUST
DEPLETION SCHEDULE IX
The cumulative depletion factors reflected in Depletion Schedule IX should
be used to compute 1995 federal and state depletion amounts attributable to
Units purchased for which the Unit holder initially became entitled to
distributions in 1989. This schedule should not be used to compute depletion
for any other Units owned. (See the accompanying information for computation
instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .015714 .027277 .035911 .047391 .055504 .066997 .077730 .085650 .100020 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000061 .000092 .000122 .000149 .000181 .000210 .000241 .000270 .000636 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .000609 .001208 .001858 .002547 .003188 .003584 .004270 .004570 .005326 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000519 .000894 .001362 .001847 .002376 .002975 .003520 .003891 .004828 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000258 .000671 .000861 .001104 .001294 .001555 .001756 .001931 .002215 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .002311 .005101 .005623 .007858 .009250 .011550 .013422 .014789 .016704 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .011956 .019311 .026085 .033886 .039215 .047123 .054521 .060199 .070311 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
DEPLETION SCHEDULE X
The cumulative depletion factors reflected in Depletion Schedule X should be
used to compute 1995 federal and state depletion amounts attributable to Units
purchased for which the Unit holder initially became entitled to distributions
in 1990. This schedule should not be used to compute depletion amounts for any
other Units owned. (See the accompanying information for computation
instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .015644 .027279 .035937 .047428 .055571 .066995 .077727 .085612 .100043 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000084 .000127 .000168 .000205 .000249 .000289 .000332 .000371 .000876 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .000748 .001484 .002283 .003130 .003918 .004404 .005247 .005616 .006546 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000437 .000753 .001147 .001555 .002001 .002505 .002964 .003276 .004065 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000347 .000903 .001158 .001485 .001740 .002092 .002362 .002598 .002980 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .002287 .005048 .005565 .007776 .009153 .011429 .013282 .014635 .016530 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .011741 .018964 .025616 .033277 .038510 .046276 .053540 .059116 .069046 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
SABINE ROYALTY TRUST
DEPLETION SCHEDULE XI
The cumulative depletion factors reflected in Depletion Schedule XI should
be used to compute 1995 federal and state depletion amounts attributable to
Units purchased for which the Unit holder initially became entitled to
distributions in 1991. This schedule should not be used to compute depletion
for any other Units owned. (See the accompanying information for computation
instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .015642 .027852 .036671 .048462 .056918 .068505 .079475 .087454 .102163 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000100 .000152 .000201 .000245 .000298 .000346 .000398 .000445 .001050 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .001070 .002122 .003265 .004475 .005601 .006296 .007501 .008029 .009358 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000409 .000705 .001074 .001457 .001875 .002347 .002777 .003070 .003809 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000718 .001871 .002400 .003078 .003607 .004336 .004895 .005384 .006175 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .002443 .005393 .005945 .008307 .009778 .012210 .014189 .015634 .017658 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .010902 .017609 .023786 .030900 .035759 .042970 .049715 .054892 .064113 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
DEPLETION SCHEDULE XII
The cumulative depletion factors reflected in Depletion Schedule XII should
be used to compute 1995 federal and state depletion amounts attributable to
Units purchased for which the Unit holder initially became entitled to
distributions in 1992. This schedule should not be used to compute depletion
for any other Units owned. (See the accompanying information for computation
instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .015923 .028694 .037136 .049162 .057576 .069660 .080721 .088932 .103413 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000053 .000080 .000106 .000129 .000157 .000182 .000209 .000234 .000553 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .000573 .001137 .001749 .002397 .003001 .003374 .004020 .004303 .005015 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000383 .000660 .001005 .001363 .001754 .002196 .002599 .002873 .003565 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000782 .002037 .002613 .003351 .003927 .004721 .005330 .005863 .006725 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .003300 .007285 .008031 .011222 .013209 .016494 .019168 .021120 .023855 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .010832 .017495 .023632 .030700 .035528 .042693 .049395 .054539 .063700 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
SABINE ROYALTY TRUST
DEPLETION SCHEDULE XIII
The cumulative depletion factors reflected in the Depletion Schedule XIII
should be used to compute 1995 federal and state depletion amounts
attributable to Units purchased for which the Unit holder initially became
entitled to distributions in 1993. This schedule should not be used to compute
depletion for any other Units owned. (See the accompanying information for
computation instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .016173 .029305 .038283 .050733 .059663 .071862 .083380 .091720 .107255 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000159 .000241 .000319 .000389 .000473 .000549 .000631 .000706 .001664 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .001221 .002422 .003726 .005108 .006394 .007188 .008564 .009167 .010684 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000395 .000681 .001037 .001406 .001809 .002265 .002680 .002962 .003676 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000863 .002248 .002883 .003697 .004332 .005208 .005880 .006467 .007418 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .003125 .006899 .007606 .010628 .012510 .015621 .018153 .020002 .022592 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .010410 .016814 .022712 .029505 .034145 .041031 .047472 .052416 .061221 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
DEPLETION SCHEDULE XIV
The cumulative depletion factors reflected in Depletion Schedule XIV should
be used to compute 1995 federal and state depletion amounts attributable to
Units purchased for which the Unit holder initially became entitled to
distributions in 1994. This schedule should not be used to compute depletion
for any other Units owned. (See the accompanying information for computation
instructions.)
LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
----------------------------------------------------------------------------------------------------
January February March April May June July August September October November December
------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
FEDERAL
DEPLETION
FACTOR .016196 .029385 .038626 .051325 .060607 .072759 .084579 .092913 .109232 - - -
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======
STATE DEPLETION
FACTORS
Florida .000264 .000401 .000531 .000648 .000787 .000913 .001050 .001175 .002770 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Louisiana .001820 .003610 .005554 .007613 .009529 .010712 .012762 .013660 .015921 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Mississippi .000433 .000746 .001136 .001541 .001983 .002483 .002938 .003248 .004030 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
New Mexico .000656 .001708 .002191 .002810 .003293 .003959 .004470 .004916 .005638 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Oklahoma .003184 .007029 .007749 .010828 .012745 .015914 .018494 .020377 .023015 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
Texas .009839 .015891 .021465 .027885 .032270 .038778 .044865 .049537 .057858 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
SABINE ROYALTY TRUST
DEPLETION SCHEDULE XV
The depletion factors reflected in Depletion Schedule XIV should be used to
compute 1995 federal and state depletion amounts attributable to Units
purchased for which the Unit holder initially became entitled to distributions
in 1995. This schedule should not be used to compute depletion for any other
Units owned. (See the accompanying information for computation instructions.)
FIRST MONTH IN
WHICH UNITS WERE
OWNED ON THE LAST MONTH IN WHICH UNITS WERE OWNED ON THE MONTHLY RECORD DATE IN 1995
MONTHLY RECORD ----------------------------------------------------------------------------------------------------
DATE IN 1995 January February March April May June July August September October November December
---------------- ------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
January ........ .016257 .029441 .038376 .050927 .060042 .072369 .084036 .092459 .109890 - - -
February........ - .013184 .022119 .034670 .043785 .056112 .067779 .076202 .093633 - - -
March........... - - .008935 .021486 .030601 .042928 .054595 .063018 .080449 - - -
April........... - - - .012551 .021666 .033993 .045660 .054083 .071514 - - -
May............. - - - - .009115 .021442 .033109 .041532 .058963 - - -
June............ - - - - - .012327 .023994 .032417 .049848 - - -
July............ - - - - - - .011667 .020090 .037521 - - -
August.......... - - - - - - - .008423 .025854 - - -
September....... - - - - - - - - .017431 - - -
October......... - - - - - - - - - - - -
November........ - - - - - - - - - - - -
December........ - - - - - - - - - - - -
STATE DEPLETION
FACTORS January February March April May June July August September October November December
---------------- ------- -------- ------- ------- ------- ------- ------- ------- --------- ------- -------- --------
Florida......... .000484 .000250 .000238 .000214 .000255 .000231 .000251 .000228 .002920 - - -
Louisiana....... .001250 .001230 .001335 .001414 .001316 .000813 .001408 .000617 .001553 - - -
Mississippi..... .000586 .000424 .000528 .000548 .000598 .000676 .000616 .000419 .001059 - - -
New Mexico...... .000667 .001071 .000491 .000630 .000491 .000677 .000520 .000454 .000735 - - -
Oklahoma........ .003453 .004170 .000781 .003339 .002080 .003437 .002798 .002043 .002861 - - -
Texas........... .009817 .006039 .005562 .006406 .004375 .006493 .006074 .004662 .008303 - - -
------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- -------
TOTAL .016257 .013184 .008935 .012551 .009115 .012327 .011667 .008423 .017431 .000000 .000000 .000000
======= ======= ======= ======= ======= ======= ======= ======= ======= ======= ======= =======