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June 28, 2022

Cooper Oil & Gas records 3.52% increase in production in February 2022

By Carmen

Cooper Oil & Gas recorded an increase of 3.52% in total oil and gas production to 860.08 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Cooper Oil & Gas grew 32.42% in February 2022 from 649.52 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 12.45% from the same period in 2021.

The company’s oil production grew 1.72% to 628.78 bd in February 2022 from the previous month, while gas production up by 8.2% to 1.32 mmcf/d. On a YTD basis, oil production increased by 35.72% in 2022 when compared with the same period in 2021, while gas production declined by 24.18%. Out of the total oil and gas production in February 2022, oil production held a 73.11% share, while gas production held a 26.46% share.


Looking at the states where Cooper Oil & Gas recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 860.08 boe/d in the state in February 2022, an increase of 3.52% from the previous month.

On a YTD basis, the company produced 1,690.89 boe/d in Texas in 2022, recording an increase of 12.45% from the same period in 2021.



Cooper Oil & Gas witnessed the highest oil and gas production in Crane county in February 2022. Out of all the counties, Crane county held a share of 51.2% for the firm. The company produced 440.37 boe/d in Crane county in February 2022, an increase of 11.91% in production when compared with the previous month.

On a YTD basis, the county produced 833.89 boe/d for the company in 2022, a 4.17% decrease from the same period in 2021.



Methodology

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.

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