Houston Oil Producing Enterprise recorded a decrease of 5.02% in total oil and gas production to 141.58 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Houston Oil Producing Enterprise declined 4.1% in February 2022 from 147.63 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 5.03% from the same period in 2021.

The company’s oil production declined 6% to 123.18 bd in February 2022 from the previous month, while gas production up by 10% to 0.11 mmcf/d. On a YTD basis, oil production increased by 5.33% in 2022 when compared with the same period in 2021, while gas production. Out of the total oil and gas production in February 2022, oil production held an 87% share, while gas production held a 13.4% share.


Looking at the states where Houston Oil Producing Enterprise recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 141.58 boe/d in the state in February 2022, a decrease of 5.02% from the previous month.

On a YTD basis, the company produced 290.66 boe/d in Texas in 2022, recording an increase of 5.03% from the same period in 2021.

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By GlobalData


Houston Oil Producing Enterprise witnessed the highest oil and gas production in Galveston county in February 2022. Out of all the counties, Galveston county held a share of 88.2% for the firm. The company produced 124.87 boe/d in Galveston county in February 2022, an increase of 1.3% in production when compared with the previous month.

On a YTD basis, the county produced 248.15 boe/d for the company in 2022, a 12.41% increase 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.