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Earthstone Energy recorded a decrease of 18.59% in total oil and gas production to 54,631.43 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Earthstone Energy declined 4.89% in January 2022 from 57,437.52 boe/d in January 2021.
On a YTD basis, the company’s total oil and gas production decreased by 4.89% from the same period in 2021.
The company’s oil production declined 20.27% to 26,900.81 bd in January 2022 from the previous month, while gas production declined by 16.88% to 160.83 mmcf/d. On a YTD basis, oil production decreased by 11.68% in 2022 when compared with the same period in 2021, while gas production rose by 2.79%. Out of the total oil and gas production in January 2022, oil production held a 49.24% share, while gas production held a 50.76% share.
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By GlobalDataLooking at the states where Earthstone Energy recorded the highest oil and gas production in January 2022, Texas figured at the top, accounting for a 100% share. The company produced 45,068.37 boe/d in the state in January 2022 from the previous month.
On a YTD basis, the company produced 45,068.37 boe/d in Texas in 2022, recording a decrease of 21.53% from the same period in 2021.
Earthstone Energy witnessed the highest oil and gas production in Reagan county in January 2022. Out of all the counties, Reagan county held a share of 31.29% for the firm.
On a YTD basis, the county produced 17,092.38 boe/d for the company in 2022, a 21.44% increase 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.
