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State Mineral and Energy Board announces results of March Lease Sale
Thursday, March 13, 2025
Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, March 12, 2025 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.
The Board collected $197,269 in bonus revenue for the March lease sale. The current 2024-2025 total bonus payment is approximately $5.41 million. At this month’s lease sale, there were 3 leases covering 126 acres sold. The leases were located in Caddo and DeSoto parishes.
The total bonus payments to the state for the previous fiscal year, 2023-2024, amounted to $14 million.
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