Kingwood Exploration recorded an increase of 22.33% in total oil and gas production to 610.36 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Kingwood Exploration grew 181.64% in February 2022 from 216.72 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production increased by 149.59% from the same period in 2021.
The company’s oil production grew 19.69% to 572.51 bd in February 2022 from the previous month, while gas production up by 83.33% to 0.22 mmcf/d. On a YTD basis, oil production increased by 141.89% in 2022 when compared with the same period in 2021, while gas production rose by 466.67%. Out of the total oil and gas production in February 2022, oil production held a 93.8% share, while gas production held a 6.21% share.
Looking at the states where Kingwood Exploration recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 610.36 boe/d in the state in February 2022, an increase of 22.33% from the previous month.
On a YTD basis, the company produced 1,109.31 boe/d in Texas in 2022, recording an increase of 149.59% from the same period in 2021.
Kingwood Exploration witnessed the highest oil and gas production in Chambers county in February 2022. Out of all the counties, Chambers county held a share of 47.69% for the firm. The company produced 291.11 boe/d in Chambers county in February 2022, an increase of 18.85% in production when compared with the previous month.
On a YTD basis, the county produced 536.04 boe/d for the company in 2022.
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.