The only thing I could find besides version 4.4 was the "fix" for battery drain related to location was that some Sony devices, upon upgrading to KitKat, suffered similar problems with battery.
I've come to the conclusion the RAZR HD/MAXX HD suffer from the same issue.
Downloading BetterBatteryStats I found when GPS was the only way of doing location services, the battery drain is ~1% an hour. When I had high accuracy or battery savings mode, the drain was ~3.5% an hour. This is the EXACT issue that the Xperia devices are suffering from.
So, for all those on KitKat who are experiencing battery drain, try switching to Device Only. This will utilize only GPS satellites to determine location. You will lose location based stuff in Google Now, suck as traffic or weather but your battery will last much longer.
I looked through and didn't see anything about this in any other thread, so I decided to make a new one. Hopefully Google updates Play Services to be a bit more friendly with LTE and WiFi location settings soon (I'm looking at you, I/O).
Sent from my DROID RAZR MAXX HD using XDA Free mobile app