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.
Georgia Over-Production and Under-Production of Gas
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Multi-State
Control #:
US-OG-502
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Word;
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FAQ
Texas is the largest energy producing state in the United States. In 2021, it accounted for 24.4 percent of the country's total energy production, with the majority originating from crude oil and natural gas.
Georgia's energy production covers about one-fifth of its energy demand (21.1% in 2020).
Transit of gas in Georgia is provided by two gas pipelines - the South Caucasus Pipeline (SCP) and the North-South Main Gas Pipeline (NSMP). The South Caucasus Pipeline also known as Baku-Tbilisi-Erzerum Gas Pipeline transits gas produced from Shah Deniz field from Azerbaijan to Turkey.
About 80% of Georgia's electricity generation comes from hydro resources (80.5% in 2021), with the remainder produced from natural gas and from a 20.7?megawatt (MW) wind power plant (83.4 GWh in 2020).
Georgia Quick Facts Natural gas accounted for 45% of Georgia's total electricity net generation in 2021. The state's four operating nuclear reactors accounted for 27%, renewable energy, including hydroelectric power and small-scale solar, accounted for 12%, and coal contributed 15%.
Annual Energy Consumption Electric Power: 131 TWh (4% total U.S.) Coal: 21,700 MSTN (2% total U.S.) Natural Gas: 605 Bcf (3% total U.S.) Motor Gasoline: 101,000 Mbarrels (3% total U.S.) Distillate Fuel: 34,900 Mbarrels (3% total U.S.)
Although Georgia is among the top 10 electricity-producing states, it typically uses more power than it generates. During the past decade, Georgia acquired about one-sixth of the electricity it consumed each year from other states.
Georgia's renewable energy production Georgia produced 12,441 thousand megawatt hours of electricity using renewable energy sources. That made up 9.9% of its total electricity, which ranked 27th. Data source: U.S. Energy Information Administration (2022).
