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  1. Market Data
July 1, 2022

Sandpoint Texas records 9.38% increase in production in February 2022

By Carmen

Sandpoint Texas recorded an increase of 9.38% in total oil and gas production to 239.05 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Sandpoint Texas declined 6.33% in February 2022 from 255.21 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production decreased by 10.85% from the same period in 2021.

The company’s oil production grew 9.38% to 239.05 bd in February 2022 from the previous month. On a YTD basis, oil production decreased by 10.85% 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 Sandpoint Texas recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 239.05 boe/d in the state in February 2022, an increase of 9.38% from the previous month.

On a YTD basis, the company produced 457.6 boe/d in Texas in 2022, recording a decrease of 10.85% from the same period in 2021.



Sandpoint Texas witnessed the highest oil and gas production in Chambers county in February 2022. Out of all the counties, Chambers county held a share of 75.35% for the firm. The company produced 180.12 boe/d in Chambers county in February 2022, an increase of 12.85% in production when compared with the previous month.

On a YTD basis, the county produced 339.73 boe/d for the company in 2022, an 8.24% 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.

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