Gulf of Mexico Lease “Price Threshold” Conditions Held Unlawful
The Energy Law
JANUARY 16, 2009
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. Kerr-McGee Oil & Gas Corp. Dep’t of Interior , __ F.3d 3d __, 2009 WL 57883 (5th Cir. Norton , 385 F.3d 3d 884 (5th Cir.
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