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State Mineral and Energy Board announces results of November Lease Sale
Thursday, November 14, 2024
Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, November 13, 2024 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.
The Board collected $1.92 million in bonus revenue for the November lease sale. The current 2024-2025 total bonus payment is approximately $4.81 million. At this month’s lease sale, there were 13 leases covering 512 acres sold. The leases were located in Caddo, Calcasieu, Cameron, DeSoto, Lafayette, Red River and St. Landry parishes.
The total bonus payments to the state for the previous fiscal year, 2023-2024, amounted to $14 million.
November 2024 Lease Sale Results
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