Louisiana Revised Statutes 30:171 – State departments and agencies; permits to lessees for directional drilling; permits to erect structures, etc.
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 30:171
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Any department or agency of the state may grant on lands of which it has title, custody, or possession:
(1) A permit, lease, or servitude to engage in directional drilling in search of minerals underlying adjacent water bodies. Directional drilling is drilling deviating from the vertical plane.
(2) A permit, lease, or servitude to erect structures and enjoy all privileges on the lands necessary or convenient in the development and transporting of minerals underlying adjacent water bodies.
The five year limitation of La. Rev. Stat. 41:1217 shall not apply to these grants.
No grantee shall exercise any rights without first obtaining a valid mineral lease of the adjacent water bottoms.