View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
April 14, 2022

Beech Resources records 1.95% decrease in production in December 2021

By Carmen

Beech Resources recorded a decrease of 1.95% in total oil and gas production to 2,134.53 boe/d in December 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Beech Resources grew 878.51% in December 2021 from 218.14 boe/d in December 2020.

On a YTD basis, the company’s total oil and gas production increased by 102.7% from the same period in 2020.

The company’s gas production declined by 1.98% to 12.38 mmcf/d in December 2021 from the previous month. On a YTD basis, gas production rose by 102.71% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in December 2021, gas production held a 100% share.


Looking at the states where Beech Resources recorded the highest oil and gas production in December 2021, Pennsylvania figured at the top, accounting for a 100% share. The company produced 2,134.53 boe/d in the state in December 2021, a decrease of 1.95% from the previous month.

On a YTD basis, the company produced 27,207.99 boe/d in Pennsylvania in 2021, recording an increase of 102.7% from the same period in 2020.



Beech Resources witnessed the highest oil and gas production in Lycoming county in December 2021. Out of all the counties, Lycoming county held a share of 100% for the firm. The company produced 2,134.53 boe/d in Lycoming county in December 2021, a decrease of 1.95% in production when compared with the previous month.

On a YTD basis, the county produced 27,207.99 boe/d for the company in 2021, a 102.7% increase from the same period in 2020.



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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU