Mississippi Over-Production and Under-Production of Gas

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Multi-State
Control #:
US-OG-502
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Word; 
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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.

Keywords: Mississippi, over-production, under-production, gas, types Title: A Comprehensive Analysis of Mississippi's Gas Over-Production and Under-Production Introduction: Mississippi, located in the southeastern United States, is a state well known for its rich natural resources, including significant gas reserves. However, like any other region, Mississippi often faces challenges related to the over-production and under-production of gas. This article delves into different types of gas production scenarios seen in Mississippi, providing a detailed description of each. 1. Seasonal Fluctuations in Gas Production: One type of under-production that occurs in Mississippi is seasonal fluctuations. These fluctuations are influenced by various factors such as temperature, demand, and production dynamics. During certain seasons, gas demand may exceed the available supply due to increased usage, resulting in temporary under-production. Conversely, during periods of low demand, there may be over-production as the supply surpasses the immediate requirement. 2. Infrastructure Constraints: Mississippi's gas production may also encounter over-production or under-production due to infrastructure limitations. If the extraction and transportation infrastructure, including pipelines and storage facilities, are insufficient, over-production can occur, leading to wastage and potential environmental concerns. Conversely, under-production may result from outdated infrastructure unable to meet the growing demand, causing delays in supplying gas to consumers. 3. Regulatory Factors: Regulatory factors play a significant role in both over-production and under-production of gas in Mississippi. Over-production can arise as a result of relaxed regulations, leading to excessive extraction without considering the future demand or environmental sustainability. Conversely, strict regulations can hinder gas production, causing under-production due to limited exploration or extraction activities. Balancing regulation becomes crucial to maintain a sustainable level of gas production. 4. Geographical Variations: Mississippi exhibits diverse geological formations, resulting in various types of gas reservoirs across the state. Different reservoir types create different production scenarios. For example: a. Conventional Gas Reservoirs: Over-production of gas may occur in regions where conventional gas reservoirs are exploited efficiently. These reservoirs tend to have higher production rates, resulting in an excess supply in comparison to demand. b. Shale Gas Reservoirs: Under-production in Mississippi can be observed in areas with shale gas reservoirs. Extracting gas from these reservoirs requires sophisticated techniques such as hydraulic fracturing (fracking), which can be challenging to implement on a large scale, leading to lower production levels. c. Offshore Gas Reserves: In offshore regions of the Mississippi Gulf Coast, over-production or under-production can be influenced by factors such as exploration costs, environmental regulations, and technological limitations inherent to deep-sea extraction methods. Conclusion: Achieving a balanced gas production level in Mississippi requires addressing various factors such as seasonal fluctuations, infrastructure constraints, regulatory considerations, and geological variations. By monitoring and adapting to these dynamics, Mississippi can better manage gas production to meet the growing demand while minimizing wastage and environmental impact.

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Mississippi Power has a generating fleet made up of both coal and natural gas power plants. This diversity is key to keeping energy costs stable. With hundreds of highly-skilled and safety-minded workers, we currently operate six power plants.

Mississippi has the largest nuclear power reactor by generating capacity in the United States. Natural gas accounted for 72% of Mississippi's in-state net generation in 2021 and fueled 9 of the state's 10 largest power plants.

In July 1985, Grand Gulf Nuclear Station in Port Gibson, Miss., made history by becoming the first and only nuclear power plant to produce electricity in Mississippi.

Ing to the U.S. Energy Information Administration, most of the nation's electricity was generated by natural gas, renewable sources, coal, and nuclear energy in 2022. Renewable sources of electricity include wind, hydropower, solar power, biomass, and geothermal.

One of Mississippi's most significant mineral resources is its abundant supply of lignite (a low grade of coal).

Money Leaving Mississippi to Pay for Imported Coal Mississippi relies on coal for more than a third of its in-state electricity generation, and imports more than 70 percent of that coal. * ?Other? includes oil, municipal solid waste, tires, propane, or other manufactured and waste gases from fossil fuel.

Mississippi produces about 0.3% of the nation's crude oil and holds about 0.3% of U.S. total proved oil reserves. Most of Mississippi's oil fields are located in the southern half of the state.

Texas is the largest energy producing state in the United States. In 2021, it accounted for 24.4 percent of the country's total energy production, with the majority originating from crude oil and natural gas.

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*All Permit Applications are to be in our Jackson, MS, office by the 1st of the month “Prior to date of Board Meeting” in order to be placed on the Agenda. Do I need to obtain Petroleum Products Distributors permits in Mississippi?Rule 26-2-1.34 - RATE OF OIL AND GAS PRODUCTION A.Oil: The daily oil allowable per drilling unit, as determined by the Board, must be produced on a monthly ... Use one (1) form per field. All operators of record for all producing wells are to complete columns 1 through 15 as needed on. Form 9-12-15-Z ... Before any person shall commence operations to WORKOVER an operating well to dually complete (OPDD), to commingle down hole production (OPCC) or to horizontally ... Nov 18, 2022 — ... complete lease blocks on a geologic play. A suspension of operations and production under Section 39 is available for leases soon to expire ... It is important to remember that energy prices can fluctuate and that production changes over time. Both of these factors can cause changes in royalty payments. by LS Daniel · 1991 — The price paid for balancing will be the WEIGHTED AVERAGE PRICE received by the overproduced party(ies) during over production. The price paid ... Sep 6, 2018 — Some states have imposed taxes and fees on the extraction, production and sale of natural gas and oil. annual natural gas production in major U.S. crude oil producing regions by type. Growing U.S. oil production increased natural gas production by 9% in 2022

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Mississippi Over-Production and Under-Production of Gas