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.
South Dakota 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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FAQ
In 2022, renewable resources provided about 84% of South Dakota's total in-state electricity net generation (including small-scale producers).
The discovery well was drilled in 1953 in Harding County by Shell Oil Company. The well was drilled to a depth of 9,332 feet. The producing geologic unit is the Red River Formation. The Red River Formation remains South Dakota's most productive geologic unit for oil.
Around half of the electricity produced in South Dakota comes from hydroelectric power plants on the Missouri River. However, because of the alignment of utility and administrative boundaries, much of this energy is exported to other states.
Texas produces the most renewable energy of any state, but it also generates an outsized amount of electricity from fossil fuels. So renewables only account for 26% of the state's total electricity production.
In 2022 Costa Rica produced a whopping 98% of its electricity from renewable sources for over eight years in a row. In 2023 they will likely do the same. Costa Rica also holds the world record for most consecutive days using solely renewable energy ? 300 in 2018!
South Dakota's agricultural activities and forest waste provide the state with important renewable resources. South Dakota is one of the nation's top corn producers, and the abundant corn crop is used, in part, to supply the feedstock for the state's fuel ethanol production industry.
South Dakota Quick Facts South Dakota is the nation's fourth-largest fuel ethanol producer and accounted for about 9% of U.S. total fuel ethanol production in 2021.
