Share This Post

Earnings/Financial / Industry News / Just Plain Cool/Odd

Louisiana to receive $82 million in Gulf offshore oil and gas revenue sharing

Published in Earnings/Financial, Industry News, Just Plain Cool/Odd

Share This Post

2 Comments

  1. I was unaware that individual states had rev share with drillers/overall activity. This may be worth adding to the question you (Rita) asked a while back about where the money goes for land auctions. Also interesting that there is a cap at $176 million that Louisiana and coastal parishes could receive under GOMESA. Politics.

    Reply
  2. @patrickobrian – I was impressed by this as well. Here’s more information on the Gulf of Mexico Energy Securities Act for those interested: https://www.boem.gov/Revenue-Sharing/. Haven’t been able to find out how much money since 2006 has been paid in royalties – will share if I find it.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Join the Convo

Join the Convo and get exclusive newsletters, comment and like articles and invite and make new friends. Already a member - login.

Register