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July 1, 2022

Resonance Exploration (North Dakota) records 4.45% decrease in production in February 2022

By Carmen

Resonance Exploration (North Dakota) recorded a decrease of 4.45% in total oil and gas production to 315.05 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Resonance Exploration (North Dakota) grew 30.35% in February 2022 from 241.69 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 33.66% from the same period in 2021.

The company’s oil production declined 5.49% to 280.43 bd in February 2022 from the previous month, while gas production up by 5.26% to 0.2 mmcf/d. On a YTD basis, oil production increased by 40.04% in 2022 when compared with the same period in 2021, while gas production declined by 4.88%. Out of the total oil and gas production in February 2022, oil production held an 89.01% share, while gas production held a 10.94% share.


Looking at the states where Resonance Exploration (North Dakota) recorded the highest oil and gas production in February 2022, North Dakota figured at the top, accounting for a 100% share. The company produced 315.05 boe/d in the state in February 2022, a decrease of 4.45% from the previous month.

On a YTD basis, the company produced 644.77 boe/d in North Dakota in 2022, recording an increase of 33.66% from the same period in 2021.



Resonance Exploration (North Dakota) witnessed the highest oil and gas production in Bottineau county in February 2022. Out of all the counties, Bottineau county held a share of 100% for the firm. The company produced 315.05 boe/d in Bottineau county in February 2022, a decrease of 4.45% in production when compared with the previous month.

On a YTD basis, the county produced 644.77 boe/d for the company in 2022, a 33.66% 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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