Kaiser Francis Oil records 4.82% decrease in production in February 2022

Kaiser Francis Oil recorded a decrease of 4.82% in total oil and gas production to 41,276.13 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Kaiser Francis Oil grew 19.77% in February 2022 from 34,461.69 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 34.34% from the same period in 2021.

The company’s oil production declined 16.06% to 21,185.94 bd in February 2022 from the previous month, while gas production up by 10.81% to 116.34 mmcf/d. On a YTD basis, oil production increased by 27.87% in 2022 when compared with the same period in 2021, while gas production rose by 43.33%. Out of the total oil and gas production in February 2022, oil production held a 51.33% share, while gas production held a 48.6% share.

Looking at the states where Kaiser Francis Oil recorded the highest oil and gas production in February 2022, New Mexico figured at the top, accounting for an 8.94% share. The company produced 29,085.98 boe/d in the state in February 2022, a decrease of 11.57% from the previous month.

On a YTD basis, the company produced 61,976.32 boe/d in New Mexico in 2022, recording a decrease of 1.64% from the same period in 2021.

Kaiser Francis Oil witnessed the highest oil and gas production in Lea county in February 2022. Out of all the counties, Lea county held a share of 64.39% for the firm. The company produced 26,575.93 boe/d in Lea county in February 2022, a decrease of 11.49% in production when compared with the previous month.

On a YTD basis, the county produced 56,600.29 boe/d for the company in 2022, a 61.71% 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.