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March 9, 2022

BKV Operating records 3.12% increase in production in November 2021

By Carmen

BKV Operating recorded an increase of 3.12% in total oil and gas production to 28,548.46 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of BKV Operating declined 5.62% in November 2021 from 30,248.89 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production decreased by 11.35% from the same period in 2020.

The company’s gas production up by 3.12% to 165.58 mmcf/d in November 2021 from the previous month. On a YTD basis, gas production declined by 11.35% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in November 2021, gas production held a 100% share.


Looking at the states where BKV Operating recorded the highest oil and gas production in November 2021, Pennsylvania figured at the top, accounting for a 100% share. The company produced 28,548.46 boe/d in the state in November 2021, an increase of 3.12% from the previous month.

On a YTD basis, the company produced 319,439.7 boe/d in Pennsylvania in 2021, recording a decrease of 11.35% from the same period in 2020.



BKV Operating witnessed the highest oil and gas production in Wyoming county in November 2021. Out of all the counties, Wyoming county held a share of 69.66% for the firm. The company produced 19,887.19 boe/d in Wyoming county in November 2021, an increase of 6.36% in production when compared with the previous month.

On a YTD basis, the county produced 219,671.41 boe/d for the company in 2021, a 7.52% decrease 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.

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