Natural Resources Trust Authority
The Natural Resources Trust Authority (NRTA) was created by ACT 727 of the 2024 Regular Session of the Louisiana Legislature. It serves as a true finance arm for the agency, as part of the structure of the State Mineral and Energy Board, with an overarching mission of developing a strategic plan to identify financial challenges facing the energy industry and natural resources-related projects.
A key function of the NRTA is to provide guidance and oversight for helping create financial instruments that provide appropriate funding for plugging and abandonment obligations for operators whose wells are orphaned.
For those wells that have or will become orphaned, the Louisiana Legislature passed Act 16 of the 2024 Third Extraordinary Session abolished the Oilfield Site Restoration Commission and moved the oversight authority to the NRTA effective July 1, 2025.
Contact Information
John C. Shiroda
NRTA Executive Director
(225) 342-0103
John.Shiroda@LA.GOV
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