Alabama 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

Data Consumption & Expendituresby SourceAlabamaPeriodConsumption» Petroleum116 million barrels2021» Natural Gas717 billion cu ft202131 more rows

Our hydroelectric generating plants created several lakes on the Tallapoosa, Coosa and Black Warrior rivers. The plants provide our customers with clean, reliable electric energy. The surrounding waters offer abundant recreational opportunities for all who live in and visit the state.

Hydroelectric facilities accounted for more than three-fourths of the state's renewable electricity generation. Almost all the rest of Alabama's renewable generation came from biomass, mostly from wood and wood-derived fuels at industrial facilities.

The two dozen hydroelectric dams in Alabama supply about 6% of the state's electricity generation. That makes it the largest renewable energy source in Alabama. Biomass is the second-largest, contributing about 2.3% of total electricity production.

Natural gas has fueled the largest share of electricity in Alabama since 2014 and accounted for 38% of the state's net generation in 2021. Seven of the 10 largest power plants in Alabama by capacity and 6 of the largest by actual yearly electricity generation are natural gas-fired.

The most popular renewable energy sources currently are: Solar energy. Wind energy. Hydro energy. Tidal energy.

Electric Power: 86.2 TWh (2% total U.S.) Coal: 24,300 MSTN (3% total U.S.) Natural Gas: 87 Bcf (<1% total U.S.) Motor Gasoline: 47,300 Mbarrels (2% total U.S.) Distillate Fuel: 27,900 Mbarrels (2% total U.S.)

Alabama's oil production has steadily increased from an average of just over five million barrels in 2009 to nine million barrels in 2015.

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Alabama Over-Production and Under-Production of Gas