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March 31, 2022

Ricochet Energy records 20.22% increase in production in November 2021

By Carmen

Ricochet Energy recorded an increase of 20.22% in total oil and gas production to 29.13 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Ricochet Energy declined 90.28% in November 2021 from 299.61 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production decreased by 87.32% from the same period in 2020.

The company’s gas production up by 50% to 0.09 mmcf/d in November 2021 from the previous month. On a YTD basis, gas production declined by 89.04% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in November 2021, gas production held a 53.28% share.


Looking at the states where Ricochet Energy recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 29.13 boe/d in the state in November 2021, an increase of 20.22% from the previous month.

On a YTD basis, the company produced 530.34 boe/d in Texas in 2021, recording a decrease of 87.32% from the same period in 2020.



Ricochet Energy witnessed the highest oil and gas production in Wharton county in November 2021. Out of all the counties, Wharton county held a share of 100% for the firm. The company produced 29.13 boe/d in Wharton county in November 2021, an increase of 20.22% in production when compared with the previous month.

On a YTD basis, the county produced 530.34 boe/d for the company in 2021, an 87.32% decrease 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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