Ineos USA Oil & Gas recorded an increase of 15.94% in total oil and gas production to 521.44 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Ineos USA Oil & Gas declined 33.36% in February 2022 from 782.42 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 39.08% from the same period in 2021.

The company’s oil production declined 4.61% to 118.44 bd in February 2022 from the previous month, while gas production up by 23.78% to 2.29 mmcf/d. On a YTD basis, oil production decreased by 68.95% in 2022 when compared with the same period in 2021, while gas production declined by 10.56%. Out of the total oil and gas production in February 2022, oil production held a 22.71% share, while gas production held a 75.72% share.


Looking at the states where Ineos USA Oil & Gas recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 521.44 boe/d in the state in February 2022, an increase of 15.94% from the previous month.

On a YTD basis, the company produced 971.19 boe/d in Texas in 2022, recording a decrease of 39.08% from the same period in 2021.



Ineos USA Oil & Gas witnessed the highest oil and gas production in Washington county in February 2022. Out of all the counties, Washington county held a share of 49.23% for the firm. The company produced 256.73 boe/d in Washington county in February 2022, an increase of 46.57% in production when compared with the previous month.

On a YTD basis, the county produced 454.05 boe/d for the company in 2022, a 58.44% 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.