Santo Petroleum recorded a decrease of 6.27% in total oil and gas production to 381.19 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Santo Petroleum declined 62.18% in January 2022 from 1,007.85 boe/d in January 2021.
On a YTD basis, the company’s total oil and gas production decreased by 62.18% from the same period in 2021.
The company’s oil production declined 12.85% to 303.32 bd in January 2022 from the previous month, while gas production up by 32.35% to 0.45 mmcf/d. On a YTD basis, oil production decreased by 62.68% in 2022 when compared with the same period in 2021, while gas production declined by 60.18%. Out of the total oil and gas production in January 2022, oil production held a 79.57% share, while gas production held a 20.35% share.
Looking at the states where Santo Petroleum recorded the highest oil and gas production in January 2022, New Mexico figured at the top, accounting for a 100% share. The company produced 381.19 boe/d in the state in January 2022 from the previous month.
On a YTD basis, the company produced 381.19 boe/d in New Mexico in 2022, recording a decrease of 62.18% from the same period in 2021.
Santo Petroleum witnessed the highest oil and gas production in Lea county in January 2022. Out of all the counties, Lea county held a share of 96.49% for the firm.
On a YTD basis, the county produced 367.81 boe/d for the company in 2022, a 62.93% decrease from the same period in 2021.
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.