State Mineral and Energy Board

MINERAL BOARD RELEASES SEPTEMBER FIGURES and FEE INCREASE

Friday, September 15, 2000

 

The State Mineral Board conducted a Lease Sale September 13, 2000, at 10:00 a.m. in the Mineral Board Hearing Room located in the State Land and Natural Resources Building in Baton Rouge. Below are the preliminary results of the Lease Sale and 2000-2001 Fiscal Year totals.

  NOMINATED NOMINATED LEASES NO. OF AMOUNT OF
CLASSIFICATION TRACTS ACREAGE AWARDED ACRES CASH PAYMENTS
Lease Sale September 13, 2000
State Offshore Leases 4 1,969.810 2 808.890 $199,998.05
State Onshore Leases 51 42,387.717 23 4,370.645 1,060,110.08
State Dedicated Leases 0 0.000 0 0.000 0.00
State Agency Leases 5 1,425.361 1 40.000 18,080.00
 
TOTAL SALE 60 45,782.888 26 5,219.535 $1,278,188.13
 
2000-2001 Fiscal Year
State Offshore Leases 36 60,598.020 8 5,321.010 $968,826.92
State Onshore Leases 151 130,189.895 63 12,589.693 3,659,410.02
State Dedicated Leases 0 0 0 0.000 0.00
State Agency Leases 15 3,300.656 6 323.880 91,694.84
 
TOTAL YEAR TO DATE
202
194,088.571
77
18,234.583
$4,719,931.78
 

In other Board action, members moved to set the fee for nonexclusive seismic permits for state lands and water bottoms including wildlife and management areas and refuges. In accordance with the new law (Act 8 of the 2nd Extraordinary Session 2000), the Mineral Board voted a $15 dollar per acre fee for geological and geophysical surveys on state lands and water bottoms and a $30 dollar per acre fee for lands and water bottoms under the jurisdiction of the state's Wildlife and Fisheries Commission.

For more information, please call DNR's Office of Mineral Resources' Sandra Bailey at (225) 342-4608 or Betty Landry at (225) 342-3359.

 

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