Fletcher Petroleum recorded a decrease of 2.92% in total oil and gas production to 438.92 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Fletcher Petroleum declined 23.12% in January 2022 from 570.93 boe/d in January 2021.

On a YTD basis, the company’s total oil and gas production decreased by 23.12% from the same period in 2021.

The company’s oil production declined 2.12% to 401.35 bd in January 2022 from the previous month, while gas production declined by 8.33% to 0.22 mmcf/d. On a YTD basis, oil production decreased by 22.08% in 2022 when compared with the same period in 2021, while gas production declined by 31.25%. Out of the total oil and gas production in January 2022, oil production held a 91.44% share, while gas production held an 8.64% share.


Looking at the states where Fletcher Petroleum recorded the highest oil and gas production in January 2022, Alabama figured at the top. The company produced 438.92 boe/d in the state in January 2022 from the previous month.

On a YTD basis, the company produced 438.92 boe/d in Alabama in 2022, recording a decrease of 23.12% from the same period in 2021.



Fletcher Petroleum witnessed the highest oil and gas production in Conecuh county in January 2022. Out of all the counties, Conecuh county held a share of 100% for the firm.

On a YTD basis, the county produced 438.92 boe/d for the company in 2022, a 23.12% 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.