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State Mineral and Energy Board announces results of October Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, Oct. 12, 2022 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.

The Board collected $263,000 in bonus revenue for the October lease sale. The current 2022-2023 total bonus payment is approximately $5.04 million. At this month’s lease sale, there were 2 leases covering 138 acres sold. The leases were located in Caddo, DeSoto and Plaquemines parishes. 

The total bonus payments to the state for the previous fiscal year, 2021-2022, amounted to $3.67 million.

October 2022 Lease Sale Results