The UL Lafayette PLRM Property
Students in The University of Louisiana at Lafayette's Professional
Land and Resource Management program have a unique and distinct
advantage over those at other Universities. They are able
to add "experienced land manager" to their resumes
while still in school, thanks to a donation from Chevron/Texaco,
and the support and persistence of the Lafayette Association
of Petroleum Landmen.
Chevron/Texaco donated surface and mineral rights from 90
acres of land in Iberia Parish to the University of Louisiana
at Lafayette Foundation, for the administration and benefit
of the PLRM students. The acreage consists of two tracts
of land located about 10 miles southeast of New Iberia.
The University receives three percent of the mineral rights
in the properties, which currently generate $2,500 to $5,000
annually. The University also receives all surface rights.
Currently the surface is leased to farmers. The donation
serves a dual purpose. In addition to generating revenue
for the PLRM program, students are actually responsible
for the day-to-day management of the properties –
something they could only study about before the donation.
The students’ management of the land generates funds
for PLRM activities such as field trips, conferences, study
enhancements and affiliations with professional associations.
For more information please contact
Student Association of Professional Landmen
O.K. Allen 138
B.I. Moody III College of Business
Moody Hall 236
P.O Box 43570
Lafayette, LA 70504
University of Louisiana at Lafayette