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10th Circ. Reverses Interior Dept. $2.8M Drilling Royalty Order

By Ganesh Setty ( April 27, 2026, 8:52 PM EDT) -- The U.S. Interior Department should have addressed its previous settlement involving Devon Energy Corp. before ordering a Devon entity to pay $2.8 million for improper deductions from drilling royalties owed, the Tenth Circuit ruled Monday, finding the applicability of the "ambiguous" settlement material....

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