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State Mineral and Energy Board announces results of May Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, May 11, 2022 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.

The Board collected $1.05 million in bonus revenue for the May lease sale. The current 2021-2022 total bonus payment is approximately $3.62 million. At this month’s lease sale, there were 8 leases covering 1,101 acres sold. The leases were located in Bossier, Caddo and Vermilion parishes. 

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

May 2022 Lease Sale Results