S B Street Operating records 4.71% decrease in production in February 2022

S B Street Operating recorded a decrease of 4.71% in total oil and gas production to 400.45 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of S B Street Operating declined 2.36% in February 2022 from 410.14 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 11.32% from the same period in 2021.

The company’s oil production declined 3.55% to 350.34 bd in February 2022 from the previous month, while gas production declined by 12.12% to 0.29 mmcf/d. On a YTD basis, oil production decreased by 7.12% in 2022 when compared with the same period in 2021, while gas production declined by 31.46%. Out of the total oil and gas production in February 2022, oil production held an 87.49% share, while gas production held a 12.49% share.

Looking at the states where S B Street Operating recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 400.45 boe/d in the state in February 2022, a decrease of 4.71% from the previous month.

On a YTD basis, the company produced 820.68 boe/d in Texas in 2022, recording a decrease of 11.32% from the same period in 2021.

S B Street Operating witnessed the highest oil and gas production in Haskell county in February 2022. Out of all the counties, Haskell county held a share of 35.13% for the firm. The company produced 140.68 boe/d in Haskell county in February 2022, a decrease of 15.28% in production when compared with the previous month.

On a YTD basis, the county produced 306.73 boe/d for the company in 2022, a 9.56% 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.