Louisiana is one of the United States’ top producers of natural gas and oil. The industry employs more than 44,000 workers, pays nearly $5.3 billion in wages per year1 and contributes millions in tax revenue to fund schools, roads and other essential public services across the state.
Our history in Louisiana dates back nearly 100 years. Through our subsidiary, The Louisiana Land and Exploration Company LLC, we are the largest private wetlands owner in the United States, with about 636,000 acres extending 120 miles from the Atchafalaya Basin in the west to the Mississippi River in the east and from the New Orleans area down to the Gulf of Mexico. Our land spans eight parishes including Terrebonne, Lafourche, Plaquemines, Jefferson, St. Charles, St. Mary, St. John the Baptist and Iberia. The coastal wetlands are an economic resource for the company through royalties from oil and gas production and land leases such as hunting, trapping, fishing and camping.
We also hold oil and natural gas leases on approximately 200,000 net acres in the central Louisiana Austin Chalk area, where we are conducting an exploration drilling program.
ConocoPhillips Coastal Wetlands Acreage:
Through partnerships with public, private and non-profit organizations, we have been involved in projects that have enhanced more than 186,000 acres of wetlands. For many years, we have partnered with Ducks Unlimited to find innovative solutions to coastal restoration. Our projects include marsh terracing, freshwater enhancements, marsh creation, and a variety of shoreline protection techniques.
Click here to learn more about our collaborative conservation partnerships.
We play an important role in wetland delineation and mitigation by making our acreage available for restoration projects that replace and revitalize damaged or displaced wetland systems along the Louisiana coast. Activities on our coastal wetlands provide what could become a growing resource for effective wetland mitigation.
For example, the project shown below was a cooperative agreement between the Louisiana Department of Natural Resources and the South Lafourche Levee District that was constructed on our property. By dredging sediments from preexisting canals to shallower open water and broken marsh, the project reestablished growth of marsh grass and other wetlands plants and ultimately reduced the probability of this broken marsh becoming open water.
The coastal wetlands provide a buffer for business infrastructure and protection against major storms and tidal surge events. We participate in two major hurricane protection projects: the Morganza to the Gulf Hurricane Protection Levee and the Larose to Golden Meadow Hurricane Protection System. These levees run through multiple sections of the company’s land and provide approximately 115 miles of levee protection for the people of Louisiana. To support levee construction, we provide access and easements to the levee districts, parishes, the State of Louisiana, the federal government and other agencies at no cost.
We regularly interact with diverse stakeholder groups including local, state, and federal government officials, state and federal agencies, petroleum companies, other landowners, nonprofit organizations and the general public. We also work closely with numerous universities that need access to wetland marshes for ecological research and studies. University partners include Louisiana State University, Fletcher Technical Community College, McNeese State University, Nicholls State University, University of New Orleans, Tulane University, University of Louisiana in Lafayette, Southeastern Louisiana University and Mississippi State University.
Our charitable investments also reflect our dedication to the community. Each year, we donate to organizations that share our core values and address local needs. We support education, health and safety, natural resources, arts, civic, social services and disaster relief programs that are vital to the well-being of communities where we live and work.