Mineral Lease Awarded to Beta Land Services
Louisiana Natural Resources Trust Authority | State of LouisianaState · Baton Rouge, LA- Disclosed value
- Cash Payment: $66,708.00; Annual Rental: $33,354.00; Royalties: 25.7% on oil and gas and 25.7% on other minerals
- From minutes
- Awarded
- Dec 11, 2024
- Term
- Primary term: Three (3) years
- Renews
- Free account
The 30-second brief
The State Mineral and Energy Board awarded Beta Land Services LLC a three-year mineral lease for Tract 45878. The bidder submitted a $66,708 cash payment, annual rental of $33,354 and 25.7% royalties on oil, gas and other minerals.
Beta Land Services LLC holds this contract with Louisiana Natural Resources Trust Authority | State of Louisiana. Its other public contracts on record include work for Caddo Parish.
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Contract details
- Amount
- Cash Payment: $66,708.00; Annual Rental: $33,354.00; Royalties: 25.7% on oil and gas and 25.7% on other minerals
- Document date
- December 11, 2024
- Term
- Primary term: Three (3) years
- Renews
- Free account
- Vendor
- Beta Land Services LLC
- Source document
- Department of Energy and Natural Resources Minutes Regular Meeting December 11, 2024 (Minutes)
Beta Land Services LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by Louisiana Natural Resources Trust Authority | State of Louisiana?
Beta Land Services LLC was awarded this government contract by Louisiana Natural Resources Trust Authority | State of Louisiana, as recorded on December 11, 2024. The contract value is Cash Payment: $66,708.00; Annual Rental: $33,354.00; Royalties: 25.7% on oil and gas and 25.7% on other minerals.
How much is the Beta Land Services LLC contract with Louisiana Natural Resources Trust Authority | State of Louisiana worth?
The Beta Land Services LLC contract with Louisiana Natural Resources Trust Authority | State of Louisiana is valued at Cash Payment: $66,708.00; Annual Rental: $33,354.00; Royalties: 25.7% on oil and gas and 25.7% on other minerals.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Department of Energy and Natural Resources Minutes Regular Meeting December 11, 2024 (Minutes), dated December 11, 2024 from Louisiana Natural Resources Trust Authority | State of Louisiana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Beta Land Services LLC hold?
Beta Land Services LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Louisiana Natural Resources Trust Authority | State of Louisiana currently buying?
Explore Louisiana Natural Resources Trust Authority | State of Louisiana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.