Opinion ID: 187267
Heading Depth: 2
Heading Rank: 3

Heading: The Requirements of a Typical Sales Contract

Text: Devon argues that there is no record support for the agency's conclusion that the typical sales contract for the field or area required Devon to compress its gas to 1,100 psi and dehydrate it in order to put the gas in marketable condition. However, although DOI provided Devon an opportunity to supplement the record after the first valuation determination, Devon merely asserted that it believes that its working interest partner, Redstone Resources, Inc., sells gas to unrelated third parties in the field at pressures less than 1200 psi [sic] under contracts typical for the field or area. Request for Reconsideration and/or Clarification, reprinted in J.A. 194, 196. This cursory assertion is not sufficient to render DOI's interpretation unreasonable.