Powder Battalion Holdings records 3.21% increase in production in February 2022

Powder Battalion Holdings recorded an increase of 3.21% in total oil and gas production to 235.98 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Powder Battalion Holdings grew 63.42% in February 2022 from 144.4 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 39.35% from the same period in 2021.

The company’s gas production up by 3.01% to 1.37 mmcf/d in February 2022 from the previous month. On a YTD basis, gas production rose by 39.38% in 2022 when compared with the same period in 2021. Out of the total oil and gas production in February 2022, gas production held a 100.09% share.

Looking at the states where Powder Battalion Holdings recorded the highest oil and gas production in February 2022, Wyoming figured at the top, accounting for a 100% share. The company produced 235.98 boe/d in the state in February 2022, an increase of 3.21% from the previous month.

On a YTD basis, the company produced 464.62 boe/d in Wyoming in 2022, recording an increase of 39.35% from the same period in 2021.

Powder Battalion Holdings witnessed the highest oil and gas production in Sheridan county in February 2022. Out of all the counties, Sheridan county held a share of 100% for the firm. The company produced 235.98 boe/d in Sheridan county in February 2022, an increase of 3.21% in production when compared with the previous month.

On a YTD basis, the county produced 464.62 boe/d for the company in 2022, a 39.35% increase from the same period in 2021.

Methodology

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.