Roddy Production recorded a decrease of 4.63% in total oil and gas production to 295.03 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Roddy Production declined 10.82% in February 2022 from 330.82 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production decreased by 10.06% from the same period in 2021.
The company’s oil production declined 20.38% to 17.54 bd in February 2022 from the previous month, while gas production declined by 3.59% to 1.61 mmcf/d. On a YTD basis, oil production decreased by 19.31% in 2022 when compared with the same period in 2021, while gas production declined by 9.14%. Out of the total oil and gas production in February 2022, oil production held a 5.95% share, while gas production held a 94.09% share.
Looking at the states where Roddy Production recorded the highest oil and gas production in February 2022, New Mexico figured at the top, accounting for a 100% share. The company produced 295.03 boe/d in the state in February 2022, a decrease of 4.63% from the previous month.
On a YTD basis, the company produced 604.38 boe/d in New Mexico in 2022, recording a decrease of 10.06% from the same period in 2021.
Roddy Production witnessed the highest oil and gas production in San Juan county in February 2022. Out of all the counties, San Juan county held a share of 71.89% for the firm. The company produced 212.09 boe/d in San Juan county in February 2022, a decrease of 2.29% in production when compared with the previous month.
On a YTD basis, the county produced 429.14 boe/d for the company in 2022, an 11.11% decrease 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.