Iowa 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

Iowa also ranks second nationally in the amount of wind energy installed with 12,219 MW (2021).

As of 2022, the U.S. gets 38.4%of its electricity from natural gas and 21.9% from coal. Petroleum, or oil, accounts for less than 1% of the total. In terms of world energy use, coal makes up an even bigger share.

In 2021, Iowa had a total summer capacity of 21,771 MW through all of its power plants, and in 2022 Iowa had a net generation of 71,316 GWh. The corresponding electrical energy generation mix was 62.4% wind, 25.4% coal, 9.2% natural gas, 1.6% hydroelectric, 1% solar, 0.2% petroleum and 0.3% biomass.

Energy Sources in the United States Petroleum (crude oil and natural gas plant liquids): 28% Coal: 17.8% Renewable energy: 12.7% Nuclear electric power: 9.6%"

Wind farms are most prevalent in the north and west portion of Iowa. Wind maps show the winds in these areas to be stronger on average, making them better suited for the development of wind energy.

Renewable energy. Iowa produces more fuel ethanol and biodiesel than any other state in the nation. Iowa is the top fuel ethanol-producing state in the nation and has about one-fourth of the nation's total fuel ethanol production capacity.

In 2022, 62% of Iowa's total electricity net generation came from wind, the largest wind power share of any state. In 2022, nearly two-thirds of Iowa's total electricity net generation came from renewable resources, almost all of it from wind.

Electric Generation in Iowa by Primary Energy Source Energy Source2021 Nameplate Capacity (MW) (1)% of Nameplate CapacityNatural Gas4,027.617.58%Hydro184.40.81%Other & Other Renewables24.50.11%Petroleum990.34.32%5 more rows ? 6 days ago

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Iowa Over-Production and Under-Production of Gas