Saturday, July 17, 2010

LA July Lease Sale: $8,656 Average Bonus

The Louisiana Mineral Board held its monthly lease sale last week, and the average bonus for acreage in the Haynesville Shale region was $8,656.  The weighted average based on parcel size was $7,639.  All winning bids but one had a 25% royalty rate (the other one was 24%). 

Please keep in mind that this is not a definitive answer to the current market rate for Haynesville bonuses; rather it is another data point to keep in mind.  Bonuses vary by location, parcel size and a host of other factors. 

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