Caerus Production recorded a decrease of 1.28% in total oil and gas production to 31,160.46 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Caerus Production declined 11.09% in February 2022 from 35,046.58 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 9.67% from the same period in 2021.

The company’s oil production declined 24.67% to 759.07 bd in February 2022 from the previous month, while gas production declined by 0.51% to 176.33 mmcf/d. On a YTD basis, oil production decreased by 20.86% in 2022 when compared with the same period in 2021, while gas production declined by 9.3%. Out of the total oil and gas production in February 2022, oil production held a 2.44% share, while gas production held a 97.56% share.


Looking at the states where Caerus Production recorded the highest oil and gas production in February 2022, Utah figured at the top, accounting for a 100% share. The company produced 31,160.46 boe/d in the state in February 2022, a decrease of 1.28% from the previous month.

On a YTD basis, the company produced 62,724.33 boe/d in Utah in 2022, recording a decrease of 9.67% from the same period in 2021.



Caerus Production witnessed the highest oil and gas production in Uintah county in February 2022. Out of all the counties, Uintah county held a share of 100% for the firm. The company produced 31,160.46 boe/d in Uintah county in February 2022, a decrease of 1.28% in production when compared with the previous month.

On a YTD basis, the county produced 62,724.33 boe/d for the company in 2022, a 9.67% 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.