Louisiana’s monthly lease sale generated more than $3 million in bonuses for February, bringing the total for the fiscal year to more than $21.7 million.
At this month’s lease sale, the state awarded 34 leases covering more than 6,603 acres, out of 43 nominated tracts covering more than 69,704 acres.
The state sold leases in DeSoto, Jefferson, Lafayette, Lafourche, LaSalle, Natchitoches, St. Charles, St. Mary, Tangipahoa, and Terrebonne parishes. Of the 34 tracts awarded, five were in north Louisiana and 29 were located in the southern parishes.
The state’s fiscal year ends June 30.