Petro Chemicals Operating recorded a decrease of 3.99% in total oil and gas production to 1,205.16 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Petro Chemicals Operating declined 3.51% in January 2022 from 1,248.94 boe/d in January 2021.
On a YTD basis, the company’s total oil and gas production decreased by 3.51% from the same period in 2021.
The company’s oil production grew 4.37% to 768.26 bd in January 2022 from the previous month, while gas production declined by 15.95% to 2.53 mmcf/d. On a YTD basis, oil production increased by 20.09% in 2022 when compared with the same period in 2021, while gas production declined by 28.33%. Out of the total oil and gas production in January 2022, oil production held a 63.75% share, while gas production held a 36.19% share.
Looking at the states where Petro Chemicals Operating recorded the highest oil and gas production in January 2022, Arkansas figured at the top, accounting for a 3.58% share. The company produced 604.07 boe/d in the state in January 2022 from the previous month.
On a YTD basis, the company produced 604.07 boe/d in Arkansas in 2022, recording a decrease of 51.63% from the same period in 2021.
Petro Chemicals Operating witnessed the highest oil and gas production in Columbia county in January 2022. Out of all the counties, Columbia county held a share of 38.3% for the firm.
On a YTD basis, the county produced 461.6 boe/d for the company in 2022, a 6.24% 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.