Louisiana’s Commissioner of Conservation Richard Ieyoub predicts his department will issue more than 800 drilling permits in 2022, significantly higher than the 563 issued in 2021, reports Louisiana Radio Network.
“So there has been an increase in drilling, an actual increase over the last year, and certainly we’re going to probably grant quite a few more permits as the next year comes up,” Ieyoub says.
Ieyoub oversees a budget of $28 million and 170 employees at the Department of Conservation and Natural Resources and while the agricultural industry is considered the largest as far as people, he said oil and gas revenues are the largest contributors to the state’s budget. Read the entire story.
