General DNR News

State Mineral Board reports May lease sale data

Wednesday, May 11, 2005

The State Mineral Board conducted its monthly Lease Sale on May 10, 2006, at 11 a.m. in the Conservation and Mineral Resources Hearing Room of the LaSalle Office Building in Baton Rouge.

Below are the preliminary results of the lease sale and 2005-2006 Fiscal Year totals.

CLASSIFICATIONNOMINATED
TRACTS		NOMINATED
ACREAGE		LEASES
AWARDED		NO. OF
ACRES		AMOUNT OF
CASH PAYMENTS

Lease Sale May 10, 2006
State Offshore Leases 14 20,540.350 1 248.760 $69,404.04
State Onshore Leases 73 85,702.310 24 12,911.880 $3,167,209.58
State Dedicated Leases 9 15,858.830 5 3,651.140 $2,787,160.33
State Agency Leases    1         25.000   1         6.000       $1,596.00
Total Sale 97 122,126.490 31 16,817.780 $6,025,369.95
           
2005-2006 Fiscal Year          
State Offshore Leases 166 181,242.870 39 21,474.900 $6,798,503.63
State Onshore Leases 669 713,888.190 272 68,637.232 $24,794,560.88
State Dedicated Leases 51 76,874.880 14 7,641.610 $4,641,973.07
State Agency Leases   31     5,343.398   31     3,496.747     $923,404.05
Total Year to Date 917 977,349.338 356 101,250.489 $37,158,441.63
           

Editors: For information, contact Rick Heck at 225-342-6122 or DNR Acting Assistant Secretary Office of Mineral Resources Victor Vaughn at 225-342-7121.

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