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.
Michigan Over-Production and Under-Production of Gas
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US-OG-502
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FAQ
Michigan Quick Facts Electricity net generation from natural gas-fired power plants has increased from 11% of Michigan's in-state generation in 2010 to 34% in 2022.
Natural gas produced in Michigan represents about 10-15% of the total gas consumed in Michigan. Michigan's recorded production history began in the 1930s, when the MPSC issued its first Standard Well Connection Permit to a gas well in the Austin Field located in Mecosta County.
Production. India's domestic crude oil and natural gas production has declined steadily since 2011-12. India produced 30.49 Mt of crude petroleum in 2020?21, declining by 5.21% over the previous fiscal. The production of natural gas was 28.67 BCM in 2020?21, declining by 8.05% over the previous year.
Natural gas and nuclear both generate more than a quarter of all energy generated in Michigan. Together, these three sources account for nearly 90% of all the electricity generation in the state.
In 2013, wind energy surpassed hydropower and biomass and became Michigan's largest source for renewable generation. In 2022, wind energy supplied about 65% of the state's renewable electricity and 8% of Michigan's total net generation from all sources.
DTE Electric With an 11,084 megawatt system capacity, the company uses coal, nuclear fuel, natural gas, hydroelectric pumped storage and renewable sources to generate its electrical output. Founded in 1903, DTE Electric is the largest electric utility in Michigan and one of the largest in the nation.
Natural gas was the largest source of electricity in the U.S. in 2022, generating 39 percent last year compared to 37 percent in 2021.
Texas is the leading U.S. state in natural gas energy production. In 2022, the oil and gas rich state generated nearly 256 terawatt hours of electricity from gas turbines. Florida followed, with 192.7 terawatt hours of natural gas energy produced. Texas is also the U.S. state that consumes the most natural gas energy.
