Principle Petroleum recorded a decrease of 7.53% in total oil and gas production to 282.89 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Principle Petroleum declined 7.4% in February 2022 from 305.5 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 4.53% from the same period in 2021.

The company’s oil production declined 7.52% to 282.89 bd in February 2022 from the previous month. On a YTD basis, oil production decreased by 4.53% in 2022 when compared with the same period in 2021. Out of the total oil and gas production in February 2022, oil production held a 100% share.


Looking at the states where Principle Petroleum recorded the highest oil and gas production in February 2022, Wyoming figured at the top, accounting for a 100% share. The company produced 282.89 boe/d in the state in February 2022, a decrease of 7.53% from the previous month.

On a YTD basis, the company produced 588.8 boe/d in Wyoming in 2022, recording a decrease of 4.53% from the same period in 2021.

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By GlobalData


Principle Petroleum witnessed the highest oil and gas production in Park county in February 2022. Out of all the counties, Park county held a share of 100% for the firm. The company produced 282.89 boe/d in Park county in February 2022, a decrease of 7.53% in production when compared with the previous month.

On a YTD basis, the county produced 588.8 boe/d for the company in 2022, a 4.53% decrease 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.