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State Mineral and Energy Board announces results of February Lease Sale

Thursday, February 9, 2023

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, Feb. 8, 2023 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.

The Board collected $915,101 in bonus revenue for the February lease sale. The current 2022-2023 total bonus payment is approximately $7.56 million. At this month’s lease sale, there were 9 leases covering 1,013 acres sold. The leases were located in Acadia, Caddo, DeSoto, Jefferson, Lafayette, Lafourche, Plaquemines, Red River, Terrebonne and Vermilion parishes. 

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

February 2023 Lease Sale Results

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