Quail Creek Oil recorded a decrease of 6.97% in total oil and gas production to 1,086 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Quail Creek Oil grew 14.6% in January 2022 from 947.66 boe/d in January 2021.
On a YTD basis, the company’s total oil and gas production increased by 14.6% from the same period in 2021.
The company’s oil production declined 6.92% to 903.43 bd in January 2022 from the previous month, while gas production declined by 9.41% to 0.77 mmcf/d. On a YTD basis, oil production increased by 16.09% in 2022 when compared with the same period in 2021, while gas production rose by 20.31%. Out of the total oil and gas production in January 2022, oil production held an 83.19% share, while gas production held a 12.22% share.
Looking at the states where Quail Creek Oil recorded the highest oil and gas production in January 2022, Texas figured at the top, accounting for a 100% share. The company produced 1,086 boe/d in the state in January 2022 from the previous month.
On a YTD basis, the company produced 1,086 boe/d in Texas in 2022, recording an increase of 14.6% from the same period in 2021.
Quail Creek Oil witnessed the highest oil and gas production in Liberty county in January 2022. Out of all the counties, Liberty county held a share of 99.08% for the firm.
On a YTD basis, the county produced 1,075.98 boe/d for the company in 2022, a 16.68% 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.