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State Mineral and Energy Board announces results of May Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, May 10, 2023 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.

The Board collected $45,488 in bonus revenue for the May lease sale. The current 2022-2023 total bonus payment is approximately $7.93 million. At this month’s lease sale, there were 2 leases covering 25 acres sold. The leases were located in Iberville and Red River parishes. 

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

May 2023 Lease Sale Results