Corlena Oil recorded a decrease of 4.37% in total oil and gas production to 339.43 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Corlena Oil declined 11.78% in January 2022 from 384.74 boe/d in January 2021.

On a YTD basis, the company’s total oil and gas production decreased by 11.78% from the same period in 2021.

The company’s oil production grew 11.12% to 123.43 bd in January 2022 from the previous month, while gas production declined by 11.35% to 1.25 mmcf/d. On a YTD basis, oil production increased by 26.56% in 2022 when compared with the same period in 2021, while gas production declined by 24.7%. Out of the total oil and gas production in January 2022, oil production held a 36.36% share, while gas production held a 63.49% share.


Looking at the states where Corlena Oil recorded the highest oil and gas production in January 2022, Texas figured at the top, accounting for a 100% share. The company produced 339.43 boe/d in the state in January 2022 from the previous month.

On a YTD basis, the company produced 339.43 boe/d in Texas in 2022, recording a decrease of 11.78% from the same period in 2021.



Corlena Oil witnessed the highest oil and gas production in Lipscomb county in January 2022. Out of all the counties, Lipscomb county held a share of 54.46% for the firm.

On a YTD basis, the county produced 184.87 boe/d for the company in 2022, a 14.76% 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.