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.
Kentucky Over-Production and Under-Production of Gas
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US-OG-502
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FAQ
Although coal is Kentucky's primary energy source, the state also produces oil and natural gas.
Although coal is Kentucky's primary energy source, the Commonwealth also produces small amounts of oil, see page 53, and enough natural gas to meet our home heating and industrial requirements, see page 57.
In 2020, 39% of the energy and electricity consumed in Kentucky went to manufacturing (pg. 16), which remains Kentucky's largest source of revenue and one of the leading sources of employment (pg. 5).
The industrial sector is the greatest energy end-user in the United States, reaching a consumption of some 32.91 quadrillion British thermal units in 2022.
Renewable energy In 2022, 11 hydroelectric dams produced about 6% of the state's total electricity net generation. Almost one-tenth of the renewable generation in Kentucky, or about 0.6% of the state's total generation, came from biomass.
Leading Producing Zones: Oil is produced from Carboniferous limestone and sandstone in eastern and western Kentucky and Ordovician limestone and dolomite in south-central Kentucky. Most natural gas is produced from the Devonian Ohio Shale of eastern Kentucky.
In 2020, 39% of the energy and electricity consumed in Kentucky went to manufacturing (pg. 16), which remains Kentucky's largest source of revenue and one of the leading sources of employment (pg. 5).
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%
