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State Mineral and Energy Board announces results of February Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, February 9, 2022 via Zoom.

The Board collected $63,218 in bonus revenue for the February lease sale. The current 2021-2022 total bonus payment is approximately $1.98 million. At this month’s lease sale, there were 3 leases covering 43 acres sold. The leases were located in Acadia, Caddo and Lafourche parishes. 

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

February 2022 Lease Sale Results