Quail Creek Oil recorded an increase of 13.5% in total oil and gas production to 1,232.58 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Quail Creek Oil grew 19.51% in February 2022 from 1,031.34 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production increased by 17.16% from the same period in 2021.
The company’s oil production grew 15.32% to 1,041.86 bd in February 2022 from the previous month, while gas production up by 5.19% to 0.81 mmcf/d. On a YTD basis, oil production increased by 17.78% in 2022 when compared with the same period in 2021, while gas production rose by 29.27%. Out of the total oil and gas production in February 2022, oil production held an 84.53% share, while gas production held an 11.33% share.
Looking at the states where Quail Creek Oil recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 1,232.58 boe/d in the state in February 2022, an increase of 13.5% from the previous month.
On a YTD basis, the company produced 2,318.57 boe/d in Texas in 2022, recording an increase of 17.16% from the same period in 2021.
Quail Creek Oil witnessed the highest oil and gas production in Liberty county in February 2022. Out of all the counties, Liberty county held a share of 98.27% for the firm. The company produced 1,211.24 boe/d in Liberty county in February 2022, an increase of 12.57% in production when compared with the previous month.
On a YTD basis, the county produced 2,287.22 boe/d for the company in 2022, a 19.68% 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.
