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  1. Market Data
July 1, 2022

S & C Oil records 5.15% decrease in production in February 2022

By Carmen

S & C Oil recorded a decrease of 5.15% in total oil and gas production to 171.71 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of S & C Oil grew 16.59% in February 2022 from 147.28 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 22.92% from the same period in 2021.

The company’s oil production declined 5.15% to 171.71 bd in February 2022 from the previous month. On a YTD basis, oil production increased by 34.19% in 2022 when compared with the same period in 2021. Out of the total oil and gas production in February 2022, oil production held a 100% share.


Looking at the states where S & C Oil recorded the highest oil and gas production in February 2022, California figured at the top, accounting for a 100% share. The company produced 171.71 boe/d in the state in February 2022, a decrease of 5.15% from the previous month.

On a YTD basis, the company produced 352.75 boe/d in California in 2022, recording an increase of 22.92% from the same period in 2021.



S & C Oil witnessed the highest oil and gas production in Los Angeles county in February 2022. Out of all the counties, Los Angeles county held a share of 93.2% for the firm. The company produced 160.04 boe/d in Los Angeles county in February 2022, a decrease of 3.12% in production when compared with the previous month.

On a YTD basis, the county produced 325.23 boe/d for the company in 2022, a 21.62% 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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