Q: Who is your LOGA chairman?
A: LOGA’s Chairman of the Board is Raymond J. Lasseigne
At the 2007 LOGA Board of Director’s meeting, outgoing LOGA chairman Diana Chance passed the chairmanship to Raymond J. Lasseigne of TMR Exploration, Inc. Ray was born and raised in Baton Rouge. After graduating form LSU in 1971, he moved to the Shreveport/Bossier area. In addition to his affiliation with TMR Exploration, Inc., he is also a co-owner Read More >

Q: Who made LOGA History by being LOGA's first Chairwoman?
A: In 2004, Louisiana citizens elected Governor Kathleen Blanco, to be the first woman governor of the state of Louisiana. At LOGA’s 2005 Annual Meeting, LOGA members elected Diana Chance to be the Chairman of the LOGA Board of Directors, the first woman chairman of our association and most probably the first woman chairman of any oil and gas association in the United States. Read More >

Q: Why is Louisiana "The Energy State"?
A: Louisiana is the nation’s number one producer of crude oil and the number two producer of natural gas among the 50 states. Energy jobs & earnings were found in ALL of Louisiana’s 64 parishes in 2006.

There are 14 parishes where more than 1,000 workers were employed in the oil and gas industry. In Lafayette Parish (the highest employment parish), 15,241 workers were directly employed in the energy sectors.

The energy sector paid nearly $4.2 billion in wages for Louisiana households in 2006—a figure equivalent to 6.4 percent of total covered wages in the state that year.

The energy sector directly paid over $1.4 billion in state taxes and fees in FY06, or about 14.4% of total state taxes, licenses, and fees collected.

Conservative estimates figure that the energy sector paid $172.5 million in ad valorem taxes and local governments in the state in 2005. In 31 of Louisiana’s 64 parishes, these ad valorem taxes exceeded $1 million. In 12 parishes the number exceeded $5 million.

Louisiana’s state government was able to collect an estimated $890,939,000 in taxes in FY 06 through the $12.7 billion in household earnings generated from the energy sector. And through that $12.7 billion in household earnings approximately $560,018,800 (over one half billion dollars) was added to the treasuries of local governments in FY 06.

Through both direct and multiplier effects the oil and gas industry supported

· $70.2 billion in sales in Louisiana firms

· generated over $12.7 billion in household earnings for Louisianans and

· supported 320,280 jobs in the state in 2005.

For every job created in the oil and gas sectors, 4.5 additional jobs are created in other employment sectors in the state.

In 2006, there were 58,278 workers employed in the energy sector, a number approximately equivalent to the 2005 population of Acadia Parish, the 19th most populous parish in the state.

source: Economist Loren C. Scott, Ph.D.Read More >