Compass Energy Operating recorded an increase of 25.67% in total oil and gas production to 9,933.88 boe/d in December 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Compass Energy Operating grew 30.93% in December 2021 from 7,587.31 boe/d in December 2020.
On a YTD basis, the company’s total oil and gas production increased by 11.3% from the same period in 2020.
The company’s oil production grew 10.46% to 752.59 bd in December 2021 from the previous month, while gas production up by 27.13% to 53.19 mmcf/d. On a YTD basis, oil production decreased by 2.06% in 2021 when compared with the same period in 2020, while gas production rose by 12.35%. Out of the total oil and gas production in December 2021, oil production held a 7.58% share, while gas production held a 92.32% share.
Looking at the states where Compass Energy Operating recorded the highest oil and gas production in December 2021, Louisiana figured at the top, accounting for a 23.79% share. The company produced 8,024.51 boe/d in the state in December 2021, an increase of 27.57% from the previous month.
On a YTD basis, the company produced 74,971.53 boe/d in Louisiana in 2021, recording a decrease of 7.71% from the same period in 2020.
Compass Energy Operating witnessed the highest oil and gas production in Jackson county in December 2021. Out of all the counties, Jackson county held a share of 80.78% for the firm. The company produced 8,024.51 boe/d in Jackson county in December 2021, an increase of 27.57% in production when compared with the previous month.
On a YTD basis, the county produced 74,971.53 boe/d for the company in 2021, a 14.62% increase from the same period in 2020.
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.