Gulf of Mexico Lease “Price Threshold” Conditions Held Unlawful
The Energy Law
JANUARY 16, 2009
Kerr-McGee Oil & Gas Corp. Relying on its 2004 decision in Santa Fe Snyder Corp. 2004), the court held that Section 304 of the RRA unambiguously entitled Kerr-McGee to unconditional royalty relief on minimum volumes of production. Dep’t of Interior , __ F.3d 3d __, 2009 WL 57883 (5th Cir. Norton , 385 F.3d 3d 884 (5th Cir.
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