Fletcher Petroleum recorded an increase of 1.76% in total oil and gas production to 446.65 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Fletcher Petroleum declined 13.99% in February 2022 from 519.32 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 18.77% from the same period in 2021.

The company’s oil production grew 1.42% to 407.04 bd in February 2022 from the previous month, while gas production up by 4.55% to 0.23 mmcf/d. On a YTD basis, oil production decreased by 17.3% in 2022 when compared with the same period in 2021, while gas production declined by 30.77%. Out of the total oil and gas production in February 2022, oil production held a 91.13% share, while gas production held an 8.88% share.


Looking at the states where Fletcher Petroleum recorded the highest oil and gas production in February 2022, Alabama figured at the top. The company produced 446.65 boe/d in the state in February 2022, an increase of 1.76% from the previous month.

On a YTD basis, the company produced 885.58 boe/d in Alabama in 2022, recording a decrease of 18.77% from the same period in 2021.

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By GlobalData


Fletcher Petroleum witnessed the highest oil and gas production in Conecuh county in February 2022. Out of all the counties, Conecuh county held a share of 100% for the firm. The company produced 446.65 boe/d in Conecuh county in February 2022, an increase of 1.76% in production when compared with the previous month.

On a YTD basis, the county produced 885.58 boe/d for the company in 2022, an 18.77% 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.