Arizona 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.

How to fill out Over-Production And Under-Production Of Gas?

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FAQ

In 2022, 99% of Arizona's total electricity net generation was provided from 6 sources: natural gas (42%); nuclear power (29%); coal (12%); solar energy (10%); hydroelectric power (5%): and wind (1%). Biomass, hydroelectric pumped storage, and petroleum, supplied the rest.

List of power stations in Arizona Natural Gas (41.6%) Nuclear (29.4%) Coal (12.4%) Solar (9.9%) Hydroelectric (5.1%) Wind (1.5%) Biomass (0.2%)

Arizona gets its natural gas from two main underground supply basins: the San Juan Basin in New Mexico and the Permian Basin in Texas. The gas is then injected into the interstate pipeline system for delivery into Arizona.

Arizona's supply of motor fuels comes from two basic sources: 1) Southern California refineries; and 2) New Mexico and West Texas refineries.

Arizona receives almost all of its gasoline through two pipelines owned and operated by Kinder Morgan, Inc. Kinder Morgan's ?West Line? is a 20-inch diameter pipeline that originates in Watson, California, and travels down to Yuma, Arizona, then up to Phoenix.

How Arizona generated electricity from 2001 to 2019. Coal was Arizona's top source of electricity generation until 2016, when natural gas began to surpass it. The state also has the largest nuclear power plant in the country, the Palo Verde Generating Station, which produces nearly one-third of Arizona's electricity.

There are no oil refineries in Arizona, so almost all of the state's gasoline is imported from California via the ?West Line? and Texas via the ?East Line?.

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Arizona Over-Production and Under-Production of Gas