1776 Energy Operators recorded an increase of 5.31% in total oil and gas production to 2,176.57 boe/d in December 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of 1776 Energy Operators declined 29.83% in December 2021 from 3,101.84 boe/d in December 2020.
On a YTD basis, the company’s total oil and gas production decreased by 37.16% from the same period in 2020.
The company’s oil production declined 0.14% to 1,747.38 bd in December 2021 from the previous month, while gas production up by 35.33% to 2.49 mmcf/d. On a YTD basis, oil production decreased by 37.41% in 2021 when compared with the same period in 2020, while gas production declined by 36.2%. Out of the total oil and gas production in December 2021, oil production held an 80.28% share, while gas production held a 19.72% share.
Looking at the states where 1776 Energy Operators recorded the highest oil and gas production in December 2021, Texas figured at the top, accounting for a 100% share. The company produced 2,176.57 boe/d in the state in December 2021, an increase of 5.31% from the previous month.
On a YTD basis, the company produced 29,901.26 boe/d in Texas in 2021, recording a decrease of 37.16% from the same period in 2020.
1776 Energy Operators witnessed the highest oil and gas production in Karnes county in December 2021. Out of all the counties, Karnes county held a share of 48.7% for the firm. The company produced 1,059.92 boe/d in Karnes county in December 2021, a decrease of 2.29% in production when compared with the previous month.
On a YTD basis, the county produced 13,857.89 boe/d for the company in 2021, a 13.66% decrease from the same period in 2020.
All publicly announced wells data are included in this analysis, which is drawn from GlobalData’s USL48 database that provides insights into oil and gas permits and wells as disclosed by state ministry sites.
GlobalData collects the latest production data and analyses the trends when it is made available for public disclosure by state ministries. Differences, if any, between the period of activity and the article date may be attributed to delays in the issuance of data.