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March 23, 2022

Hunt Consolidated records 10.78% increase in production in November 2021

By Carmen

Hunt Consolidated recorded an increase of 10.78% in total oil and gas production to 11,642.69 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Hunt Consolidated grew 16.93% in November 2021 from 9,956.81 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production decreased by 18.32% from the same period in 2020.

The company’s oil production grew 10.94% to 9,680.65 bd in November 2021 from the previous month, while gas production up by 9.74% to 11.27 mmcf/d. On a YTD basis, oil production decreased by 20.87% in 2021 when compared with the same period in 2020, while gas production declined by 4.72%. Out of the total oil and gas production in November 2021, oil production held an 83.15% share, while gas production held a 16.69% share.


Looking at the states where Hunt Consolidated recorded the highest oil and gas production in November 2021, North Dakota figured at the top, accounting for a 56.48% share. The company produced 7,430.81 boe/d in the state in November 2021, an increase of 8.56% from the previous month.

On a YTD basis, the company produced 73,906.56 boe/d in North Dakota in 2021, recording a decrease of 43.38% from the same period in 2020.



Hunt Consolidated witnessed the highest oil and gas production in Mountrail county in November 2021. Out of all the counties, Mountrail county held a share of 30.83% for the firm. The company produced 3,588.99 boe/d in Mountrail county in November 2021, an increase of 7.63% in production when compared with the previous month.

On a YTD basis, the county produced 29,032.36 boe/d for the company in 2021, a 44.06% 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.

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