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.
New Jersey Over-Production and Under-Production of Gas
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State:
Multi-State
Control #:
US-OG-502
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Word;
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FAQ
About 73% of New Jersey households rely on natural gas as their primary heating fuel, 16% use electric heat, and about 9% use petroleum products. The rest use other fuels, including wood and solar energy.
All of the state's natural gas supply enters New Jersey from Pennsylvania and New York, and about two-fifths of that natural gas is then shipped on to New York. Several interstate pipelines cross New Jersey and bring natural gas into New York and New England.
Electricity produced in New Jersey is some of the cleanest in the nation. In June 2022, the state got roughly 8% of its power from solar and other renewable sources. The rest came mostly from nuclear power and natural gas. In 2020, only nine other states had a lower CO2 emissions rate than New Jersey.
Petroleum has been the most-consumed energy source in the United States since surpassing coal in 1950. U.S. petroleum consumption remains below its 2005 peak, and in 2022, it totaled 35.8 quads. The transportation sector accounted for most of the petroleum-fueled energy consumption.
?The product we use to produce our mains gas is Liquified Petroleum Gas (LPG) which is sourced from Europe, not Russia. The gas produced by Russia is natural gas, which we do not use in Jersey or Guernsey.?
Energy Sources in the United States Natural gas: 31.8% Petroleum (crude oil and natural gas plant liquids): 28% Coal: 17.8% Renewable energy: 12.7% Nuclear electric power: 9.6%"
Top 10 states generating the highest percentage of electricity from nuclear State% from nuclearIllinois51.7%South Carolina49.1%Tennessee42.7%New Jersey38.9%6 more rows
New Jersey, U.S. Rankings ConsumptionTotal Energy per Capita41Natural Gas40Electricity13Environment10 more rows
