ARB Energy Utah recorded an increase of 12.01% in total oil and gas production to 668.08 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of ARB Energy Utah grew 13.28% in February 2022 from 589.78 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 11.21% from the same period in 2021.

The company’s oil production grew 9.22% to 2.25 bd in February 2022 from the previous month, while gas production up by 11.88% to 3.86 mmcf/d. On a YTD basis, oil production increased by 71.71% in 2022 when compared with the same period in 2021, while gas production rose by 11.09%. Out of the total oil and gas production in February 2022, oil production held a 0.34% share, while gas production held a 99.61% share.


Looking at the states where ARB Energy Utah recorded the highest oil and gas production in February 2022, Utah figured at the top, accounting for a 100% share. The company produced 668.08 boe/d in the state in February 2022, an increase of 12.01% from the previous month.

On a YTD basis, the company produced 1,264.54 boe/d in Utah in 2022, recording an increase of 11.21% from the same period in 2021.



ARB Energy Utah witnessed the highest oil and gas production in Grand county in February 2022. Out of all the counties, Grand county held a share of 89.29% for the firm. The company produced 596.54 boe/d in Grand county in February 2022, an increase of 12.43% in production when compared with the previous month.

On a YTD basis, the county produced 1,127.11 boe/d for the company in 2022, a 16.78% increase from the same period in 2021.



Methodology

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.