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State Mineral and Energy Board announces results of March Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, March 9, 2022 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.

The Board collected $105,174 in bonus revenue for the March lease sale. The current 2021-2022 total bonus payment is approximately $2.08 million. At this month’s lease sale, there were 2 leases covering 74 acres sold. The leases were located in Caddo, Bossier and Vermilion parishes. 

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

March 2022 Lease Sale Results