PRI Operating recorded an increase of 0.76% in total oil and gas production to 25,459.44 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of PRI Operating grew 19.19% in January 2022 from 21,360.31 boe/d in January 2021.
On a YTD basis, the company’s total oil and gas production increased by 19.19% from the same period in 2021.
The company’s oil production grew 1.04% to 18,159.03 bd in January 2022 from the previous month, while gas production up by 0.07% to 42.34 mmcf/d. On a YTD basis, oil production increased by 19.69% in 2022 when compared with the same period in 2021, while gas production rose by 17.97%. Out of the total oil and gas production in January 2022, oil production held a 71.33% share, while gas production held a 28.67% share.
Looking at the states where PRI Operating recorded the highest oil and gas production in January 2022, Texas figured at the top, accounting for a 100% share. The company produced 25,459.44 boe/d in the state in January 2022 from the previous month.
On a YTD basis, the company produced 25,459.44 boe/d in Texas in 2022, recording an increase of 19.19% from the same period in 2021.
PRI Operating witnessed the highest oil and gas production in Reeves county in January 2022. Out of all the counties, Reeves county held a share of 80.66% for the firm.
On a YTD basis, the county produced 20,534.82 boe/d for the company in 2022, a 29.37% 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.