Mineral rights along portion of Teague Parkway up for Bossier council vote

BY LIZ SWAINE | Staff writer  shreveportbossieradvocate.com/business  May 12,2026

The city of Bossier is looking at a little windfall that Chief Administrative Officer Shane Cheatham says will be available for a variety of projects. 

At Tuesday’s city council meeting, council members will be asked to approve a resolution allowing the leasing of minerals in three pieces of city-owned property. 

Cypress Energy Partners, which has an office in Shreveport, wants to control the minerals on 94.2 acres along the Arthur Ray Teague Parkway adjacent to the Shreveport-Barksdale Highway and the Northwest Louisiana Veterans Home. 

In return, the city will get $3,000 an acre, equaling roughly $282,600, and a 25% royalty on minerals retrieved.   

If approved by the council, the State Mineral Board of Louisiana would handle the lease sale on behalf of the city. 

“It will give us an opportunity to do some other things that we're wanting to do in the city,” such as streets and sidewalks, said Cheatham.

 Cheatham said that Cypress is simply working to acquire mineral rights, and that drilling will be done by another company. In the past, Cypress acquired property for APEX, which already has an urban presence in Bossier City and Shreveport. He said no one should notice any difference in the property. 

“I doubt very seriously that we'll see any rigs on the 94 acres. It's going to be directional drilling more than likely.” He also foresees no issues with possible drilling near the Red River. 

“From what I understand a lot of this property, the mineral rights have been purchased before, and there haven't been any issues with the directional drilling. I don't see that we're gonna have any issues at all there.”