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State Mineral and Energy Board announces results of July Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, July 12, 2023 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.

The Board collected $344,490 in bonus revenue for the July lease sale. The current 2023-2024 total bonus payment is approximately $344,490. At this month’s lease sale, there were 5 leases covering 338 acres sold. The leases were located in Bossier, Caddo, Plaquemines and Red River parishes. 

The total bonus payments to the state for the previous fiscal year, 2022-2023, amounted to $8.42 million.

July 2023 Lease Sale Results