Kansas 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.

How to fill out Over-Production And Under-Production Of Gas?

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FAQ

This resource keeps Kansans warm during our state's bitterly cold winters. Nationally, Kansas ranks as the 9th largest oil producing state and 14th largest natural gas producing state.

In 2022, five states combined accounted for about 72% of total U.S. crude oil production. The top five crude oil-producing states and their percentage shares of total U.S. crude oil production in 2022 were: Texas42.5% New Mexico13.3% North Dakota8.9% Colorado3.7% Alaska3.7%

Its formerly important oil and natural gas production has declined, but Kansas continues to lead the country in the production of helium.

U.S. dry natural gas production in 2022 was about 1.82 Tcf greater than in 2021 mostly in response to increases in demand, especially for exports, and higher prices for natural gas.

There are currently 401 active producers in the state of Kansas. What is the average depth an oil or gas well is drilled in Kansas? 2,633 feet is the average depth of a well in Kansas.

The top five dry natural gas-producing states in 2022, by amount and percentage share of total U.S. dry gas production, were: Texas?9.25 Tcf?25.4% Pennsylvania?7.41 Tcf?20.4% Louisiana?4.04 Tcf?11.1% West Virginia?2.69 Tcf?7.4% Oklahoma?2.51 Tcf?6.9%

Thirty-two U.S. states produce oil. About 69% of total U.S. crude oil production in 2019 came from five states: Texas (41.4%), North Dakota (11.6%), New Mexico (7.4%), Oklahoma (4.7%), and Colorado (4.2%). Texas is the largest producer of crude oil in the United States.

The largest producer of petroleum in India is Rajasthan, followed by Assam and Gujarat. Rajasthan produces about 23.29% of the crude oil production in India. Apart from this, some more major petroleum-producing states of India are Assam, Gujarat, Mumbai and Godavari, and Krishna river basins.

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Kansas Over-Production and Under-Production of Gas