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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

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  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.

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


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