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.
Montana Over-Production and Under-Production of Gas
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Multi-State
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US-OG-502
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Montana has the nation's largest recoverable coal reserves, which is about 30% of the U.S. total, and the state accounts for about 5% of U.S. coal production. Montana's temperature extremes and small population contribute to the state's residential sector having the highest per capita energy consumption of any state.
Montana's top natural resources were once copper, gold, silver, and sapphires. People still mine for precious rocks and metals here?but now, the one of the state's most valuable resources is petroleum. The state is also the world's leading producer of talc, a mineral used in cosmetics.
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%
Natural gas generation is dispersed throughout the state near major gas pipelines. Solar, petroleum coke, landfill methane, and biomass round out the current mix of electricity generation in Montana. - Montana DEQ Energy Office There are 65 power plants of 1 MW or greater in Montana spread across 29 counfies.
In 2022, hydropower accounted for 38% of Montana's in-state net generation. However, the state's largest power plant by generating capacity in 2022 was coal-fired, but 5 of the 10 largest were hydroelectric.
NorthWestern Energy serves about 340,000 electric customers in Montana.
Other States By Production Rank RankStateOil Produced# 11Utah4.2M BBL# 12Arkansas412.3K BBL# 13Mississippi1.2M BBL# 14Montana1.7M BBL14 more rows
Recent Montana natural gas consumption has been around 60 billion cubic feet (bcf) per year.
