Peba Oil & Gas recorded a decrease of 11.41% in total oil and gas production to 490.3 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Peba Oil & Gas grew 13.63% in January 2022 from 431.47 boe/d in January 2021.
On a YTD basis, the company’s total oil and gas production increased by 13.63% from the same period in 2021.
The company’s oil production declined 12.63% to 438.58 bd in January 2022 from the previous month, while gas production up by 3.45% to 0.3 mmcf/d. On a YTD basis, oil production increased by 13.47% in 2022 when compared with the same period in 2021, while gas production rose by 15.38%. Out of the total oil and gas production in January 2022, oil production held an 89.45% share, while gas production held a 10.55% share.
Looking at the states where Peba Oil & Gas recorded the highest oil and gas production in January 2022, Texas figured at the top, accounting for a 100% share. The company produced 490.3 boe/d in the state in January 2022 from the previous month.
On a YTD basis, the company produced 490.3 boe/d in Texas in 2022, recording an increase of 13.63% from the same period in 2021.
Peba Oil & Gas witnessed the highest oil and gas production in Montague county in January 2022. Out of all the counties, Montague county held a share of 88.99% for the firm.
On a YTD basis, the county produced 436.33 boe/d for the company in 2022, a 12.85% 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.