Armstrong Operating recorded an increase of 10.37% in total oil and gas production to 283.43 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Armstrong Operating declined 17.2% in February 2022 from 342.32 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production decreased by 22.86% from the same period in 2021.
The company’s oil production grew 10.27% to 255.79 bd in February 2022 from the previous month, while gas production up by 14.29% to 0.16 mmcf/d. On a YTD basis, oil production decreased by 23.29% in 2022 when compared with the same period in 2021, while gas production declined by 18.92%. Out of the total oil and gas production in February 2022, oil production held a 90.25% share, while gas production held a 9.73% share.
Looking at the states where Armstrong Operating recorded the highest oil and gas production in February 2022, North Dakota figured at the top. The company produced 230.29 boe/d in the state in February 2022, an increase of 12.28% from the previous month.
On a YTD basis, the company produced 435.41 boe/d in North Dakota in 2022, recording a decrease of 37.83% from the same period in 2021.
Armstrong Operating witnessed the highest oil and gas production in Stark county in February 2022. Out of all the counties, Stark county held a share of 39.51% for the firm. The company produced 111.97 boe/d in Stark county in February 2022, an increase of 0.21% in production when compared with the previous month.
On a YTD basis, the county produced 223.71 boe/d for the company in 2022, a 19.35% decrease from the same period in 2021.
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.