Australis Tms recorded a decrease of 7.82% in total oil and gas production to 1,090.53 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Australis Tms declined 24.67% in January 2022 from 1,447.6 boe/d in January 2021.

On a YTD basis, the company’s total oil and gas production decreased by 24.67% from the same period in 2021.

The company’s oil production declined 6.67% to 965.16 bd in January 2022 from the previous month, while gas production declined by 15.12% to 0.73 mmcf/d. On a YTD basis, oil production decreased by 23.5% in 2022 when compared with the same period in 2021, while gas production declined by 32.41%. Out of the total oil and gas production in January 2022, oil production held an 88.5% share, while gas production held an 11.54% share.


Looking at the states where Australis Tms recorded the highest oil and gas production in January 2022, Mississippi figured at the top, accounting for a 100% share. The company produced 1,090.53 boe/d in the state in January 2022 from the previous month.

On a YTD basis, the company produced 1,090.53 boe/d in Mississippi in 2022, recording a decrease of 24.67% from the same period in 2021.



Australis Tms witnessed the highest oil and gas production in Amite county in January 2022. Out of all the counties, Amite county held a share of 90.98% for the firm.

On a YTD basis, the county produced 992.19 boe/d for the company in 2022, a 26.78% decrease 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.