CODA Energy recorded an increase of 19.89% in total oil and gas production to 368.98 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Coda Energy grew 40.34% in February 2022 from 262.91 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production increased by 15.49% from the same period in 2021.
The company’s oil production grew 19.97% to 329.62 bd in February 2022 from the previous month, while gas production up by 21.05% to 0.23 mmcf/d. On a YTD basis, oil production increased by 19.54% in 2022 when compared with the same period in 2021, while gas production declined by 10.64%. Out of the total oil and gas production in February 2022, oil production held an 89.33% share, while gas production held a 10.75% share.
Looking at the states where Coda Energy recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 368.98 boe/d in the state in February 2022, an increase of 19.89% from the previous month.
On a YTD basis, the company produced 676.74 boe/d in Texas in 2022, recording an increase of 15.49% from the same period in 2021.
Coda Energy witnessed the highest oil and gas production in Andrews county in February 2022. Out of all the counties, Andrews county held a share of 95.12% for the firm. The company produced 350.98 boe/d in Andrews county in February 2022, an increase of 20.95% in production when compared with the previous month.
On a YTD basis, the county produced 641.16 boe/d for the company in 2022, a 13.23% increase from the same period in 2021.
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.