Guam Use of Produced Oil Or Gas by Lessor

State:
Multi-State
Control #:
US-OG-839
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

How to fill out Use Of Produced Oil Or Gas By Lessor?

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FAQ

The Guam Power Authority (GPA, Chamorro: Aturidat Ilektresedat Guahan) is an agency of the Government of Guam and Guam's electricity provider.

Guam has no fossil energy resources and meets nearly all of its energy needs with imported petroleum products. Guam's energy consumption on a per capita basis is about half the U.S. average.

The Generation Division of the Guam Power Authority is one of the largest divisions in the authority. It is comprised of two steam power plants, one slow speed diesel plant, four medium speed diesel plants, five combustion turbine plants, a centralized maintenance section, and the water system diesel generator section.

Guam has no natural gas reserves and does not produce or use natural gas.

Diesel fuel and residual fuel oil account for the vast majority of GPA's electricity generation, with renewables accounting for a small share. About 60 megawatts of solar power generating capacity came online in Guam in 2022, and another 60 megawatts is expected to come online in 2023.

The Clean Energy Master Plan is a living document and is continuously being updated. GPA is committed to providing 50% of the island's electric power from renewable or non greenhouse gas emissions sources by 2030 and 100% by 2040.

Renewable sources include hydropower,solar, wind, geothermal, wave and tidal and bioenergy.

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Guam Use of Produced Oil Or Gas by Lessor