Seal of the Louisiana Department of Natural Resources

News Release

Mineral Board Lease Sale Data Released for January

 

For Release
January 16, 2002
(Rev. 02/07/2002)

The State Mineral Board conducted a Lease Sale January 9, 2002 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 2001-2002 Fiscal Year totals.

CLASSIFICATION
NOMINATED
TRACTS
NOMINATED
ACREAGE
LEASES
AWARDED
NO. OF
ACRES
AMOUNT OF
CASH PAYMENTS
Lease Sale January 9, 2002
State Offshore Leases
24
38,429.040
2
373.160
$187,585.72
State Onshore Leases
54
42,783.750
19
3,786.180
$935,479.11
State Dedicated Leases
3
1,770.220
3
501.060
268,512.00
State Agency Leases
2
6.000
1
6.000
900.00
           
TOTAL
83
82,989.010
25
4,666.400
$1,392,476.83
2001-2002 Fiscal Year
State Offshore Leases
116
176,516.520
34
15,474.410
$4,090,599.30
State Onshore Leases
350
365,481.090
136
29,725.000
7,900,400.28
State Dedicated Leases
29
29,946.410
10
1,266.490
587,824.05
State Agency Leases
18
3,480.508
12
960.264
291,097.80
           
TOTAL YEAR TO DATE
513
575,424.528
192
47,426.164
$12,869,921.43

Editors: For more information, contact Assistant Secretary Office of Mineral Resources Gus Rodemacher at 225-342-4607 or Betty Landry at 225-342-3359.