Beehive Operating recorded an increase of 12.59% in total oil and gas production to 442.69 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Beehive Operating grew 5.28% in February 2022 from 420.5 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 6.1% from the same period in 2021.

The company’s oil production grew 33.33% to 0.04 bd in February 2022 from the previous month, while gas production up by 12.72% to 2.57 mmcf/d. On a YTD basis, oil production in 2022 stood at 0.07 bd, while gas production declined by 6.01%. Out of the total oil and gas production in February 2022, oil production held a 0.01% share, while gas production held a 100.09% share.


Looking at the states where Beehive Operating recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 442.69 boe/d in the state in February 2022, an increase of 12.59% from the previous month.

On a YTD basis, the company produced 835.88 boe/d in Texas in 2022, recording a decrease of 6.1% from the same period in 2021.



Beehive Operating witnessed the highest oil and gas production in Zapata county in February 2022. Out of all the counties, Zapata county held a share of 99.99% for the firm. The company produced 442.66 boe/d in Zapata county in February 2022, an increase of 12.59% in production when compared with the previous month.

On a YTD basis, the county produced 835.81 boe/d for the company in 2022, a 6.1% 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.