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State Mineral and Energy Board announces results of November Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, November 10, 2021 remotely via Zoom conference. 

The Board collected $13,338 in bonus revenue for the November lease sale. The current 2021-2022 total bonus payment is approximately $1,474,079. At this month’s lease sale, there was 1 lease covering 5,609 acres sold. The lease was located in Plaquemines parish. 

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

November 2021 Lease Sale Results