Mercury Resources recorded a decrease of 3.42% in total oil and gas production to 255.36 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Mercury Resources declined 18.76% in February 2022 from 314.34 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production decreased by 18.22% from the same period in 2021.
The company’s oil production declined 2.17% to 183.07 bd in February 2022 from the previous month, while gas production declined by 6.67% to 0.42 mmcf/d. On a YTD basis, oil production decreased by 20.11% in 2022 when compared with the same period in 2021, while gas production declined by 13%. Out of the total oil and gas production in February 2022, oil production held a 71.69% share, while gas production held a 28.36% share.
Looking at the states where Mercury Resources recorded the highest oil and gas production in February 2022, North Dakota figured at the top, accounting for a 100% share. The company produced 255.36 boe/d in the state in February 2022, a decrease of 3.42% from the previous month.
On a YTD basis, the company produced 519.75 boe/d in North Dakota in 2022, recording a decrease of 18.22% from the same period in 2021.
Mercury Resources witnessed the highest oil and gas production in Mckenzie county in February 2022. Out of all the counties, Mckenzie county held a share of 68.01% for the firm. The company produced 173.67 boe/d in Mckenzie county in February 2022, an increase of 4.28% in production when compared with the previous month.
On a YTD basis, the county produced 340.21 boe/d for the company in 2022, a 16.93% decrease from the same period in 2021.
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.