Relentless Permian Operating recorded an increase of 1.41% in total oil and gas production to 622.19 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Relentless Permian Operating grew 44.44% in February 2022 from 430.75 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production increased by 22.16% from the same period in 2021.
The company’s oil production grew 2.66% to 596.68 bd in February 2022 from the previous month, while gas production declined by 16.67% to 0.15 mmcf/d. On a YTD basis, oil production increased by 23.36% in 2022 when compared with the same period in 2021, while gas production. Out of the total oil and gas production in February 2022, oil production held a 95.9% share, while gas production held a 4.16% share.
Looking at the states where Relentless Permian Operating recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 622.19 boe/d in the state in February 2022, an increase of 1.41% from the previous month.
On a YTD basis, the company produced 1,235.72 boe/d in Texas in 2022, recording an increase of 22.16% from the same period in 2021.
Relentless Permian Operating witnessed the highest oil and gas production in Borden county in February 2022. Out of all the counties, Borden county held a share of 31.33% for the firm. The company produced 194.95 boe/d in Borden county in February 2022, an increase of 11.97% in production when compared with the previous month.
On a YTD basis, the county produced 369.07 boe/d for the company in 2022, a 46.11% 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.
