State mineral lease revenues wane
The board, which met Wednesday, awarded 18 leases covering 2,316 acres out of 66 nominated tracts encompassing 115,974 acres.
View ArticleLean seismic data slows oil & gas lease sales
Sales of oil and gas leases on Louisiana lands are down about 42 percent compared to this time a year ago, a dropoff state officials attribute to a slowdown in the amount of time and money companies...
View ArticleState struggles to lease mineral rights
The Louisiana Mineral and Energy Board collected $279,549 for the March sale of mineral rights on state and local government land last Wednesday, indicating that what has been an already lackluster...
View ArticleState sees renewed interest in mineral leases
The April sale, conducted Wednesday, was a marked shift from last month, when companies bid only $279,549 on 11 leases.
View ArticleState mineral lease sales back off April high
The Louisiana State Mineral and Energy Board collected close to $585,000 for the May sale of mineral rights on state and local government land on Wednesday, a 69 percent drop from the month prior....
View ArticleRejected bids dampen state mineral lease sale
State mineral lease sales this month recoiled from a 2013 high in June, with the state rejecting a number of bids targeting leases in and around the Haynesville Shale in northwest Louisiana.
View ArticleState mineral sales rebound from July lull
State mineral lease sales recovered from a July lull this month driven by driller interest in oil and gas leases in the Haynesville and central parts of the state.
View ArticleState mineral sales hit 2013 high
State mineral lease sales hit a high in September driven by a cluster of aggressive bids for mineral rights in southwest Louisiana.
View ArticleLafayette firm drives state mineral lease sales to 2013 high
A Lafayette company accounted for more than half of the $4 million collected during the October sale of mineral rights on state and local government land, driving sales to a new high this year.
View ArticleChalmette land man dominates state’s Nov. lease sale
One Chalmette oil and gas land man accounted for two-thirds of the $2.7 million collected during the November sale of mineral rights on state and local government land.
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