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March 23, 2022

EP Energy records 6.86% increase in production in November 2021

By Carmen

EP Energy recorded an increase of 6.86% in total oil and gas production to 76,913.38 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of EP Energy grew 40.12% in November 2021 from 54,892.93 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production increased by 12.34% from the same period in 2020.

The company’s oil production grew 8.7% to 48,622.91 bd in November 2021 from the previous month, while gas production up by 3.85% to 164.08 mmcf/d. On a YTD basis, oil production increased by 7.01% in 2021 when compared with the same period in 2020, while gas production rose by 22.16%. Out of the total oil and gas production in November 2021, oil production held a 63.22% share, while gas production held a 36.78% share.


Looking at the states where EP Energy recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for an 80.53% share. The company produced 41,416.74 boe/d in the state in November 2021, an increase of 3.63% from the previous month.

On a YTD basis, the company produced 3,86,389.75 boe/d in Texas in 2021, recording a decrease of 40.77% from the same period in 2020.



EP Energy witnessed the highest oil and gas production in La Salle county in November 2021. Out of all the counties, La Salle county held a share of 45.6% for the firm. The company produced 35,075.01 boe/d in La Salle county in November 2021, a decrease of 3.05% in production when compared with the previous month.

On a YTD basis, the county produced 3,52,290.34 boe/d for the company in 2021, a 12.06% increase from the same period in 2020.



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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