Surface friction in metal forming processes can be reduced by creating lubricant reservoirs at the interface between surfaces in contact, and a laser texturing process can be employed to produce the micro-dimples that act as the reservoirs on the surfaces. However, the role of the laser texturing parameters in the friction reduction of tool steel surfaces has still received very little attention. Therefore, this study aims to reduce the friction of the AISI D2 tool steel surface on which a nanosecond pulse laser was applied to create an array of micro-lubricant pockets for trapping lubricant. The effects of laser power, irradiation duration, and spacing distance between pockets on the pocket diameter, size of the heat-affected zone, surface friction, and wettability were investigated in this work. The average laser power in the range from 5 to 10 W and laser irradiation duration of 0.02 to 0.10 s were applied. The results showed that the increase in laser power and irradiation duration enlarged the pocket diameter and heat-affected zone. The largest pocket diameter of 40 µm was achievable by using 10 W laser power together with 0.10 s irradiation time. The pin-on-disc method was employed to determine the friction coefficient of the tool steel, where JIS SPFC 980Y advanced high-strength steel was used as a disc. The friction coefficient of laser-textured with different spacing distances of 150, 200, and 250 µm versus untextured surfaces was compared and found to vary depending on the applied normal load. The laser-textured surface having a pocket spacing distance of 150 µm and pocket density of 5.6%, offered the lowest friction coefficient of 0.097 on average for all tested loads, whereas the average friction coefficient of the untextured surface was 0.117. In addition, the wettability of textured surfaces was insignificantly changed compared to that of untextured ones, so the micro-lubricant pockets did not cause oleophobicity affecting the performance of lubrication. Well-defined micro-pockets using the most appropriate laser parameters, i.e., 10 W laser power with 0.10 s irradiation duration and 150 µm spacing distance, successfully reduced the sliding friction of contacting couples between the laser-textured tool steel and advanced high-strength steel surfaces. The low surface friction induced by the laser-fabricated micro-lubricant pockets has been feasible for the forming tool and die applications where the energy consumed in their operations can be minimized.