Legal Opinion
Marathon Oil Co. v. State, Department of Natural Resources
Alaska Supreme Court
Decided June 10, 2011No. S-13771PublishedCited by 62 opinions
1Opinion of the Court
OPINION
FABE, Justice.
I. INTRODUCTION
Gas producers that lease land from the State of Alaska must pay royalties calculated on the value of the gas produced from the leased area. This royalty payment can be calculated under one of two methods: (1) "higher of" pricing or (2) contract pricing. "Higher of" pricing is the default. Computing the royalty owed under "higher of" pricing involves sophisticated calculations using market data and the prices of other producers. The Department of Natural Resources (DNR) usually does not calculate the royalty payment under "higher of" pricing until years…
2Cases cited20 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1947
- Kelly v. ZamarelloAlaska Supreme Court · 1971
- Native Village of Elim v. StateAlaska Supreme Court · 1999
- Earth Resources Co. of Alaska v. State, Department of RevenueAlaska Supreme Court · 1983
- Borg-Warner Corp. v. Avco Corp.Alaska Supreme Court · 1993
15 more not listed; retrieve them via the Exa API.
3Cited by62 opinions
- City of Valdez v. StateAlaska Supreme Court · 2016
- Davis Wright Tremaine LLP v. State, Department of AdministrationAlaska Supreme Court · 2014
- Alaska Association of Naturopathic Physicians v. State, Division of Corporations, Business & Professional LicensingAlaska Supreme Court · 2018
- Manning v. State, Department of Fish & GameAlaska Supreme Court · 2015
- Raymond Dapo v. State of Alaska, Office of Children's Services and Taun LucasAlaska Supreme Court · 2019
57 more not listed; retrieve them via the Exa API.