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.
Indiana Over-Production and Under-Production of Gas
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Multi-State
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US-OG-502
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FAQ
Natural gas comprises approximately 18% of Indiana's fuel mix in 2018. Domestic gas production accounts for nearly 92 percent of all-natural gas consumed in the U.S. and shale gas production now accounts for more than 50 percent of gas produced.
Natural gas is an odorless, gaseous mixture of hydrocarbons?predominantly made up of methane (CH4). It accounts for about 30% of the energy used in the United States.
Data Consumption & ExpendituresPetroleum29 thousand barrels1.7%Natural Gas19,135 million cu ft2.2%Coal1,812 thousand short tons5.4%Energy Source Used for Home Heating (share of households)IndianaU.S. Average31 more rows ?
The oil and natural gas industry in Indiana began with the discovery of the Trenton gas field in 1886 in east-central Indiana; that gas field is now abandoned. Around 1940, significant oil production began in the oil fields of southwestern Indiana, which is part of the Illinois Basin.
Coal supplies the largest share of Indiana's total in-state utility-scale (1 megawatt or larger) electricity generation. In 2022, coal's share of the state's net generation was greater than in all but six other states. Eight of Indiana's largest power plants by capacity and by annual generation are coal-fired.
In 2022, Indiana was the nation's third-largest coal consumer, after Texas and Missouri. Coal fueled 52% of Indiana's electricity net generation that year, the sixth-highest share of any state.
U.S. Electricity Use by Fuel (1950-2021) The largest sources in 2021 are natural gas (32%), coal (26%), and nuclear (22%). Wind comes in at a distant 9%, but is rapidly increasing, as is solar (2.7%).
Indiana's Natural Gas Landscape The following four utilities represent the largest natural gas utilities in the State of Indiana and serve 95% of the state's natural gas customers: Citizens Gas. Northern Indiana Public Service Company (NIPSCO) Indiana Gas Company, Inc.
