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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 8, 2023 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.

The Board collected $1,819 in bonus revenue for the March lease sale. The current 2022-2023 total bonus payment is approximately $7.56 million. At this month’s lease sale, there was 1 lease covering 8 acres sold. The lease was located in Calcasieu Parish. 

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

March 2023 Lease Sale Results