Crescent Point Energy recorded an increase of 16.03% in total oil and gas production to 17,196.35 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Crescent Point Energy declined 15.67% in February 2022 from 20,391.2 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production decreased by 23.28% from the same period in 2021.
The company’s oil production grew 20.38% to 12,803.5 bd in February 2022 from the previous month, while gas production up by 4.99% to 25.48 mmcf/d. On a YTD basis, oil production decreased by 30.46% in 2022 when compared with the same period in 2021, while gas production rose by 6.87%. Out of the total oil and gas production in February 2022, oil production held a 74.45% share, while gas production held a 25.55% share.
Looking at the states where Crescent Point Energy recorded the highest oil and gas production in February 2022, North Dakota figured at the top. The company produced 17,196.35 boe/d in the state in February 2022, an increase of 16.03% from the previous month.
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On a YTD basis, the company produced 32,016.87 boe/d in North Dakota in 2022, recording a decrease of 23.28% from the same period in 2021.
Crescent Point Energy witnessed the highest oil and gas production in Williams county in February 2022. Out of all the counties, Williams county held a share of 99.93% for the firm. The company produced 17,185.16 boe/d in Williams county in February 2022, an increase of 16.06% in production when compared with the previous month.
On a YTD basis, the county produced 31,992.58 boe/d for the company in 2022, a 23.34% 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.