Consol Energy recorded an increase of 9.8% in total oil and gas production to 479.7 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Consol Energy declined 18.35% in February 2022 from 587.52 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production decreased by 22.37% from the same period in 2021.
The company’s oil production grew 9.54% to 19.75 bd in February 2022 from the previous month, while gas production up by 9.5% to 2.65 mmcf/d. On a YTD basis, oil production decreased by 23.09% in 2022 when compared with the same period in 2021, while gas production declined by 22.48%. Out of the total oil and gas production in February 2022, oil production held a 4.12% share, while gas production held a 95.24% share.
Looking at the states where Consol Energy recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for an 8.92% share. The company produced 378.77 boe/d in the state in February 2022, an increase of 9.84% from the previous month.
On a YTD basis, the company produced 723.6 boe/d in Texas in 2022, recording a decrease of 38.72% from the same period in 2021.
Consol Energy witnessed the highest oil and gas production in Zapata county in February 2022. Out of all the counties, Zapata county held a share of 76.65% for the firm. The company produced 367.69 boe/d in Zapata county in February 2022, an increase of 10.51% in production when compared with the previous month.
On a YTD basis, the county produced 700.42 boe/d for the company in 2022, a 24.77% decrease 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.