Hess Jerry Operating records 12.1% increase in production in November 2021

Hess Jerry Operating recorded an increase of 12.1% in total oil and gas production to 197.1 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Hess Jerry Operating declined 0.09% in November 2021 from 197.28 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production decreased by 14.92% from the same period in 2020.

The company’s oil production grew 54.23% to 40.44 bd in November 2021 from the previous month, while gas production up by 3.49% to 0.89 mmcf/d. On a YTD basis, oil production decreased by 31.28% in 2021 when compared with the same period in 2020, while gas production declined by 11.01%. Out of the total oil and gas production in November 2021, oil production held a 20.52% share, while gas production held a 77.85% share.

Looking at the states where Hess Jerry Operating recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 197.1 boe/d in the state in November 2021, an increase of 12.1% from the previous month.

On a YTD basis, the company produced 1,966.04 boe/d in Texas in 2021, recording a decrease of 14.92% from the same period in 2020.

Hess Jerry Operating witnessed the highest oil and gas production in Denton county in November 2021. Out of all the counties, Denton county held a share of 36.14% for the firm. The company produced 71.24 boe/d in Denton county in November 2021, a decrease of 2.53% in production when compared with the previous month.

On a YTD basis, the county produced 839.45 boe/d for the company in 2021, a 10.82% decrease 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.