MMS Proposes Royalty Relief Amendments
The Energy Law Blog
JUNE 4, 2007
Hunter MMS has announced proposed amendments to its deep gas royalty relief regulations under the Energy Policy Act of 2005.
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White House Wants to End Royalty-in-Kind Program
The Energy Law Blog
SEPTEMBER 17, 2009
by Elisabeth Lorio Baer Interior Secretary Ken Salazar informed Congress on September 17, 2009 that he would kill a controversial program, currently in effect, that allows energy companies to pay the government royalties for drilling on public lands in actual oil and gas in lieu of cash.
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Federal Court Upholds Mandatory Deep Water Royalty Relief
The Energy Law Blog
NOVEMBER 1, 2007
The court ruled that Interior’s price threshold clauses unlawfully deprived Kerr-McGee of the statutory right to produce minimum volumes of oil and gas royalty-free, as mandated by Congress in the Outer Continental Shelf Deep Water Royalty Relief Act of 1995. CLICK here to view the decision
U.S. House of Representatives Passes Energy Bill
The Energy Law Blog
SEPTEMBER 23, 2008
Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions. per MMBtu, unless lease royalties were renegotiated with the Secretary , imposes Conservation of Resources Fee on nonproducing lease acreage of $3.75
EPA and BSEE Team Up to Resolve Offshore Environmental Violations
The Energy Law Blog
NOVEMBER 7, 2014
Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments.
Interior Considers Appeal of Kerr-McGee Decision
The Energy Law Blog
MARCH 12, 2009
12, 2009), in which the Fifth Circuit held that Interior had violated Section 304 of the Deep Water Royalty Relief Act by imposing "price threshold" requirements that reduce a lessee’s royalty suspension volume below statutory minimums.
Gulf of Mexico Lease “Price Threshold” Conditions Held Unlawful
The Energy Law Blog
JANUARY 16, 2009
A unanimous panel of the United States Court of Appeals for the Fifth Circuit has held that the United States Department of the Interior violated the Outer Continental Shelf Deep Water Royalty Relief Act (“RRA”) by imposing price threshold conditions that require federal lessees to pay royalties when commodity prices rise.
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