Mineral Ventures recorded a decrease of 9.68% in total oil and gas production to 216.17 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Mineral Ventures grew 46.92% in February 2022 from 147.13 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production increased by 35.63% from the same period in 2021.
The company’s oil production declined 36.08% to 27.57 bd in February 2022 from the previous month, while gas production declined by 4.39% to 1.09 mmcf/d. On a YTD basis, oil production increased by 43.05% in 2022 when compared with the same period in 2021, while gas production rose by 34.34%. Out of the total oil and gas production in February 2022, oil production held a 12.75% share, while gas production held an 86.94% share.
Looking at the states where Mineral Ventures recorded the highest oil and gas production in February 2022, Louisiana figured at the top, accounting for a 100% share. The company produced 216.17 boe/d in the state in February 2022, a decrease of 9.68% from the previous month.
On a YTD basis, the company produced 455.51 boe/d in Louisiana in 2022, recording an increase of 35.63% from the same period in 2021.
Mineral Ventures witnessed the highest oil and gas production in Lincoln county in February 2022. Out of all the counties, Lincoln county held a share of 31.05% for the firm. The company produced 67.13 boe/d in Lincoln county in February 2022, a decrease of 15.86% in production when compared with the previous month.
On a YTD basis, the county produced 146.91 boe/d for the company in 2022, a 40.26% increase 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.