Beech Resources recorded an increase of 13.62% in total oil and gas production to 2,222.63 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Beech Resources grew 16.82% in February 2022 from 1,902.65 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 59.55% from the same period in 2021.

The company’s gas production up by 13.57% to 12.89 mmcf/d in February 2022 from the previous month. On a YTD basis, gas production rose by 59.58% in 2022 when compared with the same period in 2021. Out of the total oil and gas production in February 2022, gas production held a 99.99% share.


Looking at the states where Beech Resources recorded the highest oil and gas production in February 2022, Pennsylvania figured at the top, accounting for a 100% share. The company produced 2,222.63 boe/d in the state in February 2022, an increase of 13.62% from the previous month.

On a YTD basis, the company produced 4,178.86 boe/d in Pennsylvania in 2022, recording an increase of 59.55% from the same period in 2021.



Beech Resources witnessed the highest oil and gas production in Lycoming county in February 2022. Out of all the counties, Lycoming county held a share of 100% for the firm. The company produced 2,222.63 boe/d in Lycoming county in February 2022, an increase of 13.62% in production when compared with the previous month.

On a YTD basis, the county produced 4,178.86 boe/d for the company in 2022, a 59.55% 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.