{"data":{"id":"us-la/rs-30-806","jurisdiction":"us-la","citation":"RS 30:806","heading":"Terms; rentals; royalties","body":"A. All state geothermal leases shall be granted for a maximum primary term of ten years and so long thereafter as geothermal operations are being conducted or geothermal resources are being produced or utilized in commercial quantities.\nB. Where a state geothermal lease provides for delay rentals, the annual rental shall be for not less than one dollar per acre or one-half the cash bonus, whichever is greater.\nC. Royalties on production obtained from a state geothermal lease shall be not less than the following:\n(1) A royalty of not less than ten percent of the price received for all geothermal resources produced and saved or utilized.\n(2) A royalty of not less than five percent of the value of any byproduct produced and saved or utilized.\nD. The term rental or royalty obtained by the state from a geothermal lease shall not affect or limit the compensation negotiated by the owners of adjoining or nearby property which may be affected or exploited by the lessee.","path":["TITLE 30. MINERALS, OIL, AND GAS AND ENVIRONMENTAL QUALITY"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=87698","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:55:57Z","sha256":"589b5656afe51e99d686f4555325bdca087f26c1ff1b201a766ad93ea4aa1571","source_id":"us-la","stale":false,"prev":"us-la/rs-30-805","next":"us-la/rs-30-807"},"notice":"GroundRules: Original legal text. Not legal advice."}