Contrast Energy recorded a decrease of 11.97% in total oil and gas production to 789.34 boe/d in December 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Contrast Energy declined 16.19% in December 2021 from 941.83 boe/d in December 2020.
On a YTD basis, the company’s total oil and gas production decreased by 4.4% from the same period in 2020.
The company’s oil production declined 8.91% to 114.95 bd in December 2021 from the previous month, while gas production declined by 12.84% to 3.87 mmcf/d. On a YTD basis, oil production increased by 16.59% in 2021 when compared with the same period in 2020, while gas production declined by 6.78%. Out of the total oil and gas production in December 2021, oil production held a 14.56% share, while gas production held an 84.53% share.
Looking at the states where Contrast Energy recorded the highest oil and gas production in December 2021, Texas figured at the top, accounting for a 100% share. The company produced 789.34 boe/d in the state in December 2021, a decrease of 11.97% from the previous month.
On a YTD basis, the company produced 11,276.09 boe/d in Texas in 2021, recording a decrease of 4.4% from the same period in 2020.
Contrast Energy witnessed the highest oil and gas production in Leon county in December 2021. Out of all the counties, Leon county held a share of 62.97% for the firm. The company produced 497.06 boe/d in Leon county in December 2021, a decrease of 12.47% in production when compared with the previous month.
On a YTD basis, the county produced 7,690.98 boe/d for the company in 2021, a 12.76% decrease 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.