Saratoga Production recorded an increase of 52.04% in total oil and gas production to 251.62 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Saratoga Production grew 48.52% in February 2022 from 169.42 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production increased by 15.99% from the same period in 2021.
The company’s oil production grew 52.93% to 249.58 bd in February 2022 from the previous month, while gas production stood at 0.01 mmcf/d. On a YTD basis, oil production increased by 16.53% in 2022 when compared with the same period in 2021, while gas production. Out of the total oil and gas production in February 2022, oil production held a 99.19% share, while gas production held a 0.68% share.
Looking at the states where Saratoga Production recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 251.62 boe/d in the state in February 2022, an increase of 52.04% from the previous month.
On a YTD basis, the company produced 417.12 boe/d in Texas in 2022, recording an increase of 15.99% from the same period in 2021.
Saratoga Production witnessed the highest oil and gas production in Hardin county in February 2022. Out of all the counties, Hardin county held a share of 94.7% for the firm. The company produced 238.29 boe/d in Hardin county in February 2022, an increase of 54.49% in production when compared with the previous month.
On a YTD basis, the county produced 392.53 boe/d for the company in 2022, a 19.79% increase 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.