Louisiana collected more than $81 million in severance taxes during the quarter ending June 30, with oil and gas revenues nearly evenly split, according to new figures released by the Louisiana Department of Revenue.
Since the beginning of the calendar year, the state has collected $169 million in severance.
The report comes just ahead of sweeping changes to the state’s severance tax structure, that took effect on July 1, aimed at stimulating oil production and revisiting how revenues are shared with local governments.
According to the data, the state brought in $41.16 million from oil production and $36.88 million from natural gas during the final quarter of fiscal year 2025.
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Author: Faith Novak
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