Hawaii Oil and Gas Transfer Order

State:
Multi-State
Control #:
US-OG-324
Format:
Word; 
Rich Text
Instant download

Description

This form is used to commence revenue payments when ownership is being transferred between parties. The Transfer Order includes the name of each interest owner, the interest for each interest owner, a legal description of the property, and the operator's name.


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FAQ

Electricity can be generated from a variety of resources. Some are fossil fuels such as oil and coal. Over 80 percent of all the energy used in Hawaii for electricity, surface and air transportation comes from imported fossil fuels, mostly oil and some coal.

Most of Hawai'i's oil is imported from foreign countries. The state still depends on fossil fuel for transportation and electricity generation.

Hawaii has no proved crude oil reserves or production, but it does refine crude oil into petroleum products. The state has one crude oil refinery, located in the Honolulu port area on Oahu, which can process about 94,000 barrels of crude oil per calendar day.

An assignment of oil and gas lease is a contractual agreement between a landowner and an oil or gas company in which the company gains the right to explore for, develop, and produce oil and gas from the property.

Since our state has no naturally occurring source of natural gas, Hawai?i Gas produces SNG from a petroleum by-product called naphtha. While SNG is created artificially, its properties are like that of natural gas and has considerably less impact on the environment than other energy sources like oil and coal.

The state has one crude oil refinery, located in the Honolulu port area on Oahu, which can process about 94,000 barrels of crude oil per calendar day. The refinery's crude oil comes primarily from Argentina and Libya.

Hawai?i Gas Serves The Entire State Since 1904, Hawai?i Gas has been the only franchised gas utility in the State of Hawai'i. Over the years, we have installed gas pipeline infrastructure, built bulk storage facilities with access to the harbor and developed a highly skilled workforce on every major island.

How Do I Report a Gas Leak? If you detect a leak, leave the area immediately and warn other to stay away. Call 911 first and then call Hawai?i Gas at 808-535-5933.

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Hawaii Oil and Gas Transfer Order