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State Mineral and Energy Board announces results of July Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, July 14, 2021 in the LaBelle Room of the LaSalle Office Building in Baton Rouge. 

The Board collected $294,301 in bonus revenue for the July lease sale. The current 2021-2022 total bonus payment is approximately $294,301. At this month’s lease sale, there were 5 leases covering 1,897 acres sold. The leases were located in Caddo and Vermilion parishes. 

The total bonus payments to the state for the previous fiscal year, 2020-2021, amounted to $7 million.

July 2021 Lease Sale Results