The state of Louisiana will receive $82 million in Gulf of Mexico offshore revenue in the next few months under the Gulf of Mexico Energy Security Act, representing the first large payment under the revenue sharing program created by Congress in 2006. […]
http://www.nola.com/environment/index.ssf/2018/04/louisiana_receives_82_million.html
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PatrickO'Brian
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.
RittaFarr
@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.