North Dakota Gas Storage and Secondary Recovery Unit Agreement

State:
Multi-State
Control #:
US-OG-774
Format:
Word; 
Rich Text
Instant download

Description

This form is used for the purposes of more effectively developing, producing, and operating the Unit Area in order to prevent surface and underground waste, and obtain the greatest ultimate recovery of production of oil and gas, promote conservation, and to afford each of the Parties the right to recover their fair and equitable share of the production to be obtained from the Unit Area, or to receive the attributable proceeds of such production.

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FAQ

Flares must be equipped and operated with an automatic ignitor or a continuous burning pilot. Visible flare emissions must not exceed 20 percent opacity except that a maximum of 60 percent opacity is permissible for not more than one six-minute period per hour.

38-08-08. When two or more separately owned tracts are embraced within a spacing unit, or when there are separately owned interests in all or a part of the spacing unit, then the owners and royalty owners thereof may pool their interests for the development and operation of the spacing unit.

The top producing states are Texas, Oklahoma, New Mexico, Wyoming, and Louisiana, which produce more than 50 percent of U.S. natural gas. These are the areas of the United States and Canada where natural gas formations are found.

North Dakota has almost 2% of U.S. natural gas reserves, and in 2022 the state accounted for slightly more than 2% of U.S. total natural gas gross withdrawals.

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.

Unitization is a process in which two or more operating companies combine their interests in a single unitized area, allowing them to operate their wells together. Texas' standards include determining the boundaries of the unitized area and how production will be divided amongst the participating companies.

The North Dakota landscape is rich in beauty, but it's also a treasure trove of natural resources that are fueling our state in more ways than one. Oil and lignite coal. Natural gas and biofuels. Wind and solar.

COAL BASED GENERATION Lignite coal-fired power plants in North Dakota have a capacity of 4,048 MW. 80% of the lignite is used directly for electricity production. North Dakota has the second largest reserve for lignite in the world, estimated at 25 billion tons. Reserves equal 800 years of current rate consumption.

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North Dakota Gas Storage and Secondary Recovery Unit Agreement