Oil & Gas

Wells, associated equipment including, but not limited to drilling rigs, pipelines, and surface equipment are subject to valuation and assessment by parish Assessors and are valued in accordance with the Louisiana Tax Commission rules and regulations.

LAT 12 is used to report oil and gas properties and is due each year by April 1st.

LAT 12A is used to report a well that is shut-in or for a well that qualifies for economic obsolescence based on production in accordance with the Louisiana Tax Commission rules and regulations.