Crestone Peak Resources recorded an increase of 10.02% in total oil and gas production to 62,208.26 boe/d in December 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Crestone Peak Resources declined 1.91% in December 2021 from 63,421.77 boe/d in December 2020.
On a YTD basis, the company’s total oil and gas production decreased by 6.87% from the same period in 2020.
The company’s oil production grew 10.91% to 25,430.79 bd in December 2021 from the previous month, while gas production up by 9.41% to 213.31 mmcf/d. On a YTD basis, oil production decreased by 9.65% in 2021 when compared with the same period in 2020, while gas production declined by 4.72%. Out of the total oil and gas production in December 2021, oil production held a 40.88% share, while gas production held a 59.12% share.
Looking at the states where Crestone Peak Resources recorded the highest oil and gas production in December 2021, Colorado figured at the top, accounting for a 100% share. The company produced 62,208.26 boe/d in the state in December 2021, an increase of 10.02% from the previous month.
On a YTD basis, the company produced 7,42,415.02 boe/d in Colorado in 2021, recording a decrease of 6.87% from the same period in 2020.
Crestone Peak Resources witnessed the highest oil and gas production in Weld county in December 2021. Out of all the counties, Weld county held a share of 73.85% for the firm. The company produced 45,941.41 boe/d in Weld county in December 2021, an increase of 5.17% in production when compared with the previous month.
On a YTD basis, the county produced 5,89,392.06 boe/d for the company in 2021, a 9.64% 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.