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July 1, 2022

Quanico Oil & Gas records 5.97% decrease in production in February 2022

By Carmen

Quanico Oil & Gas recorded a decrease of 5.97% in total oil and gas production to 982.99 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Quanico Oil & Gas grew 25.36% in February 2022 from 784.14 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 24.92% from the same period in 2021.

The company’s oil production declined 5.97% to 982.99 bd in February 2022 from the previous month. On a YTD basis, oil production increased by 24.92% 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 Quanico Oil & Gas recorded the highest oil and gas production in February 2022, Arkansas figured at the top. The company produced 982.99 boe/d in the state in February 2022, a decrease of 5.97% from the previous month.

On a YTD basis, the company produced 2,028.42 boe/d in Arkansas in 2022, recording an increase of 24.92% from the same period in 2021.



Quanico Oil & Gas witnessed the highest oil and gas production in Union county in February 2022. Out of all the counties, Union county held a share of 100% for the firm. The company produced 982.99 boe/d in Union county in February 2022, a decrease of 5.97% in production when compared with the previous month.

On a YTD basis, the county produced 2,028.42 boe/d for the company in 2022, a 24.92% 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.

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