Cantera Operating recorded a decrease of 3.59% in total oil and gas production to 271.42 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Cantera Operating declined 18.34% in February 2022 from 332.38 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 20.45% from the same period in 2021.

The company’s gas production declined by 4.46% to 1.5 mmcf/d in February 2022 from the previous month. On a YTD basis, gas production declined by 19.84% 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 95.28% share.


Looking at the states where Cantera Operating recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 271.42 boe/d in the state in February 2022, a decrease of 3.59% from the previous month.

On a YTD basis, the company produced 552.95 boe/d in Texas in 2022, recording a decrease of 20.45% from the same period in 2021.



Cantera Operating witnessed the highest oil and gas production in Lavaca county in February 2022. Out of all the counties, Lavaca county held a share of 39.82% for the firm. The company produced 108.07 boe/d in Lavaca county in February 2022, a decrease of 3.41% in production when compared with the previous month.

On a YTD basis, the county produced 219.96 boe/d for the company in 2022, an 18.58% 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.