Florida Over-Production and Under-Production of Gas

State:
Multi-State
Control #:
US-OG-502
Format:
Word; 
Rich Text
Instant download

Description

This is a form dealing with the Over-Production and Under-Production of Gas, the event Assignor's gas production, if any, from the Assigned Property is in excess of or less than Assignor's interest in the Property, then Assignee shall acquire Assignor's interest subject to that over-production or under-production.

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FAQ

Natural Gas Reserves by Country #CountryWorld Share1Russia24.3%2Iran17.3%3Qatar12.5%4United States5.3%95 more rows

The top five states that produce the most natural gas are Texas, Pennsylvania, Louisiana, Oklahoma, and New Mexico.

The top five dry natural gas-producing states in 2022, by amount and percentage share of total U.S. dry gas production, were: Texas?9.25 Tcf?25.4% Pennsylvania?7.41 Tcf?20.4% Louisiana?4.04 Tcf?11.1% West Virginia?2.69 Tcf?7.4% Oklahoma?2.51 Tcf?6.9%

Quick Facts Florida is the second-largest producer of electricity after Texas, and natural gas fueled about 74% of Florida's total electricity net generation in 2021.

Immediately, you will notice that fossil fuels (crude, natural gas and coal) make up the lion's share of the energy that the U.S. produces. In fact, the top five energy-producing states overall (Texas, Wyoming, Pennsylvania, Louisiana and West Virginia) are also the top five fossil energy-producing states.

Which is the largest natural gas-producing state in India? Notes: Assam is the largest gas-producing state in India. It produces about 8.3 MMSMCD. About 13% of gas reserves are found in Assam.

Annual Energy Production Coal: 0 MSTN (0% total U.S.) Natural Gas: 20 Bcf (<1% total U.S.) Crude Oil: 2,100 Mbarrels (<1% total U.S.) Ethanol: 0 Mbarrels (0% total U.S.)

Florida receives nearly all the natural gas it consumes from the Gulf Coast region via major interstate pipelines. Pipelines entering Florida bring natural gas into the state through Alabama and Georgia.

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Florida Over-Production and Under-Production of Gas