Schalk Development recorded an increase of 7.77% in total oil and gas production to 150.75 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Schalk Development grew 4.13% in November 2021 from 144.77 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production decreased by 1.29% from the same period in 2020.
The company’s oil production grew 0.46% to 2.17 bd in November 2021 from the previous month, while gas production up by 7.5% to 0.86 mmcf/d. On a YTD basis, oil production increased by 24.93% in 2021 when compared with the same period in 2020, while gas production declined by 1.66%. Out of the total oil and gas production in November 2021, oil production held a 1.44% share, while gas production held a 98.35% share.
Looking at the states where Schalk Development recorded the highest oil and gas production in November 2021, New Mexico figured at the top, accounting for a 100% share. The company produced 150.75 boe/d in the state in November 2021, an increase of 7.77% from the previous month.
On a YTD basis, the company produced 1,567.55 boe/d in New Mexico in 2021, recording a decrease of 1.29% from the same period in 2020.
Schalk Development witnessed the highest oil and gas production in Rio Arriba county in November 2021. Out of all the counties, Rio Arriba county held a share of 81.27% for the firm. The company produced 122.52 boe/d in Rio Arriba county in November 2021, an increase of 8.64% in production when compared with the previous month.
On a YTD basis, the county produced 1,222.63 boe/d for the company in 2021, a 2.58% increase from the same period in 2020.