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  1. Market Data
April 12, 2022

Quanico Oil & Gas records 0.62% increase in production in December 2021

By Carmen

Quanico Oil & Gas recorded an increase of 0.62% in total oil and gas production to 942.27 boe/d in December 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Quanico Oil & Gas grew 12.88% in December 2021 from 834.77 boe/d in December 2020.

On a YTD basis, the company’s total oil and gas production increased by 21.34% from the same period in 2020.

The company’s oil production grew 0.62% to 942.27 bd in December 2021 from the previous month. On a YTD basis, oil production increased by 21.34% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in December 2021, oil production held a 100% share.


Looking at the states where Quanico Oil & Gas recorded the highest oil and gas production in December 2021, Arkansas figured at the top. The company produced 942.27 boe/d in the state in December 2021, an increase of 0.62% from the previous month.

On a YTD basis, the company produced 10,861.18 boe/d in Arkansas in 2021, recording an increase of 21.34% from the same period in 2020.



Quanico Oil & Gas witnessed the highest oil and gas production in Union county in December 2021. Out of all the counties, Union county held a share of 100% for the firm. The company produced 942.27 boe/d in Union county in December 2021, an increase of 0.62% in production when compared with the previous month.

On a YTD basis, the county produced 10,861.18 boe/d for the company in 2021, a 21.34% increase from the same period in 2020.


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.

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