Hawaii 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

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.

Hawaii Quick Facts Hawaii requires that 100% of its electricity be generated by renewable sources of energy by 2045. In 2022, about 29% of the state's total generation came from renewables. Despite having the third-lowest total energy consumption, Hawaii uses almost seven times more energy than it produces.

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.

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.

Oil tankers deliver crude oil at Par Hawaii's single point mooring, a floating terminal about 1.5 miles off of Barbers Point.

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.

Hawai'i imports refined products as well as crude oil that is refined on O?ahu and distributed statewide. Most of the crude oil is imported from foreign countries.

Hawaii has the lowest natural gas consumption in the nation. Hawaii has no natural gas reserves and produces no conventional natural gas, but it produces synthetic natural gas (syngas). Hawaii and North Dakota are the only two states that produce syngas.

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Hawaii Over-Production and Under-Production of Gas