Wyoming Over-Production and Under-Production of Gas

State:
Multi-State
Control #:
US-OG-502
Format:
Word; 
Rich Text
Instant download

Description

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.

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FAQ

Immediately, you will notice that fossil fuels (crude, natural gas and coal) make up the lion's share of the energy that the U.S. produces. In fact, the top five energy-producing states overall (Texas, Wyoming, Pennsylvania, Louisiana and West Virginia) are also the top five fossil energy-producing states.

Wyoming State Energy Profile Wyoming was the eighth-largest crude oil-producing state in the nation in 2022, accounting for 2% of U.S. total crude oil output. The state was the 10th-largest natural gas producer, and accounted for about 3% of U.S. marketed gas production.

The prolific Jonah, Pinedale, and Wamsutter fields are Wyoming's largest tight gas reservoirs. Shale oil is oil locked in shales and associated tight siltstones or carbonates, all of which have low permeability and porosity. Examples from Wyoming include the Niobrara Shale and Green River Formation.

This is nearly double that of the next highest state, West Virginia, which had 36.05 tons per capita. Wyoming's high score in emissions per capita is due in part to its coal-fired power plants, but it's also because the state produces a large amount of energy for other states.

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.

The United States has proven natural gas reserves of 9.7 tcm (341 tcf). Its largest gas field, the Marcellus Shale, may have up to 14 tcm (500 tcf) ing to some estimates.

Natural gas is produced in 32 states. 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.

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%

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Wyoming Over-Production and Under-Production of Gas