Chief Oil & Gas recorded a decrease of 55.52% in total oil and gas production to 17.89 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Chief Oil & Gas declined 49.82% in January 2022 from 35.65 boe/d in January 2021.
On a YTD basis, the company’s total oil and gas production decreased by 49.82% from the same period in 2021.
The company’s oil production declined 10.58% to 9.63 bd in January 2022 from the previous month, while gas production declined by 70.59% to 0.05 mmcf/d. On a YTD basis, oil production in 2022 stood at 9.63 bd, while gas production declined by 76.19%. Out of the total oil and gas production in January 2022, oil production held a 53.83% share, while gas production held a 48.18% share.
Looking at the states where Chief Oil & Gas recorded the highest oil and gas production in January 2022, Texas figured at the top, accounting for a 100% share. The company produced 17.89 boe/d in the state in January 2022 from the previous month.
On a YTD basis, the company produced 17.89 boe/d in Texas in 2022, recording a decrease of 49.82% from the same period in 2021.
Chief Oil & Gas witnessed the highest oil and gas production in Jack county in January 2022. Out of all the counties, Jack county held a share of 77.81% for the firm.
On a YTD basis, the county produced 13.92 boe/d for the company in 2022.
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.