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POLITICS: Louisiana may reduce royalties on oil drilled on state land – USSA News
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POLITICS: Louisiana may reduce royalties on oil drilled on state land – USSA News
Oil and gas producers in Louisiana could pay lower royalties to drill on state lands under a new plan released by the Louisiana Department of Conservation and Energy. Under the 2026 State Lease Investment Program, royalty payments on new and existing mineral leases on state lands could be cut in half. The period for public comment is open through Jan. 28. The program was developed to fulfill directives in an executive order signed by Gov. Jeff L…
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