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2024 Royalty Reduction Program

Grant from denr.louisiana.gov

The 2024 Royalty Reduction Program (RRP) is an incentive authorized by the State Mineral and Energy Board to encourage the exploration and production of the State's minerals for the public good. It offers a temporary reduced royalty rate of up to 5.5% for state mineral leases issued from January…

Funder
denr.louisiana.gov
Deadline
Open until filled or withdrawn
Status
Open
Eligibility
operators who acquire state mineral leases
Who can apply
Businesses
Focus
Energy
Geography
Louisiana
Official source
denr.louisiana.gov

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