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State Mineral and Energy Board announces results of February Lease Sale

Baton Rouge- The Louisiana Mineral and Energy Board conducted its monthly meeting and lease sale on Wednesday, February 11, 2026 in the LaBelle Room of the LaSalle Office Building in Baton Rouge.

The Board collected $287,589 in bonus revenue for the February lease sale. The current 2025-2026 total bonus payment is approximately $2.25 million. At this month’s lease sale, there were 7 leases covering 8,300 acres sold. The leases were located in Caddo, DeSoto, Iberia, Iberville, Plaquemines, St. Martin and St. Mary parishes. 

The total bonus payments to the state for the previous fiscal year, 2024-2025, amounted to $7.7 million.

February 2026 Lease Sale Results