Harvest Petroleum recorded a decrease of 0.41% in total oil and gas production to 117.9 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Harvest Petroleum declined 14.45% in February 2022 from 137.82 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 16.26% from the same period in 2021.

The company’s oil production declined 9.16% to 44.25 bd in February 2022 from the previous month, while gas production up by 5% to 0.42 mmcf/d. On a YTD basis, oil production decreased by 18.34% in 2022 when compared with the same period in 2021, while gas production declined by 14.43%. Out of the total oil and gas production in February 2022, oil production held a 37.53% share, while gas production held a 61.42% share.


Looking at the states where Harvest Petroleum recorded the highest oil and gas production in February 2022, California figured at the top, accounting for a 50.82% share. The company produced 78.18 boe/d in the state in February 2022, an increase of 13.21% from the previous month.

On a YTD basis, the company produced 147.24 boe/d in California in 2022, recording a decrease of 47.82% from the same period in 2021.



Harvest Petroleum witnessed the highest oil and gas production in Colusa county in February 2022. Out of all the counties, Colusa county held a share of 50.11% for the firm. The company produced 59.08 boe/d in Colusa county in February 2022, an increase of 3.9% in production when compared with the previous month.

On a YTD basis, the county produced 115.94 boe/d for the company in 2022, a 14.45% 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.