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July 1, 2022

Roundtree & Associates records 3.26% increase in production in February 2022

By Carmen

Roundtree & Associates recorded an increase of 3.26% in total oil and gas production to 464.56 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Roundtree & Associates grew 1.79% in February 2022 from 456.39 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 1.9% from the same period in 2021.

The company’s oil production grew 2.47% to 357.04 bd in February 2022 from the previous month, while gas production up by 5.08% to 0.62 mmcf/d. On a YTD basis, oil production increased by 5% in 2022 when compared with the same period in 2021, while gas production declined by 19.87%. Out of the total oil and gas production in February 2022, oil production held a 76.86% share, while gas production held a 23.01% share.


Looking at the states where Roundtree & Associates recorded the highest oil and gas production in February 2022, Mississippi figured at the top, accounting for a 100% share. The company produced 464.56 boe/d in the state in February 2022, an increase of 3.26% from the previous month.

On a YTD basis, the company produced 914.44 boe/d in Mississippi in 2022, recording a decrease of 1.9% from the same period in 2021.



Roundtree & Associates witnessed the highest oil and gas production in Jasper county in February 2022. Out of all the counties, Jasper county held a share of 86.63% for the firm. The company produced 402.47 boe/d in Jasper county in February 2022, an increase of 4.3% in production when compared with the previous month.

On a YTD basis, the county produced 788.34 boe/d for the company in 2022, a 16.6% 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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