BBX Operating recorded an increase of 8.29% in total oil and gas production to 406.43 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of BBX Operating declined 33.26% in January 2022 from 608.96 boe/d in January 2021.

On a YTD basis, the company’s total oil and gas production decreased by 33.26% from the same period in 2021.

The company’s oil production declined 100%, while gas production stood at 1.76 mmcf/d. On a YTD basis, gas production declined by 37.14% in 2022 when compared with the same period in 2021. Out of the total oil and gas production in January 2022, gas production held a 74.66% share.

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Looking at the states where BBX Operating recorded the highest oil and gas production in January 2022, Texas figured at the top, accounting for a 100% share. The company produced 406.43 boe/d in the state in January 2022 from the previous month.

On a YTD basis, the company produced 406.43 boe/d in Texas in 2022, recording a decrease of 33.26% from the same period in 2021.



BBX Operating witnessed the highest oil and gas production in Jasper county in January 2022. Out of all the counties, Jasper county held a share of 94.71% for the firm.

On a YTD basis, the county produced 384.95 boe/d for the company in 2022, a 34.56% 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.