Louisiana Natural Resources Trust Authority

Act 458 of the 2025 Louisiana legislative session (“Act 458” or the “the Act”), recently signed into law by Governor Jeff Landry, introduced changes to the regulation of oil and gas operations in Louisiana. In addition to enacting changes to the laws regarding oilfield legacy suits (summarized in this recent post), Act 458 also

During the 2024 Regular Session of the Louisiana Legislature, the Louisiana Natural Resources Trust Authority was created to address a longstanding problem involving abandoned or orphan wells. This Trust Authority will allow the State of Louisiana to revamp its approach to orphan well management and finance, with goals of responsible development and cost savings across the