Schlachter Operating records 2.16% increase in production in February 2022

Schlachter Operating recorded an increase of 2.16% in total oil and gas production to 272.19 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Schlachter Operating grew 53.79% in February 2022 from 176.99 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 31.39% from the same period in 2021.

The company’s oil production grew 2.72% to 268.23 bd in February 2022 from the previous month, while gas production declined by 33.33% to 0.02 mmcf/d. On a YTD basis, oil production increased by 38.25% in 2022 when compared with the same period in 2021, while gas production declined by 68.75%. Out of the total oil and gas production in February 2022, oil production held a 98.55% share, while gas production held a 1.27% share.

Looking at the states where Schlachter Operating recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 272.19 boe/d in the state in February 2022, an increase of 2.16% from the previous month.

On a YTD basis, the company produced 538.61 boe/d in Texas in 2022, recording an increase of 31.39% from the same period in 2021.

Schlachter Operating witnessed the highest oil and gas production in Mitchell county in February 2022. Out of all the counties, Mitchell county held a share of 46.61% for the firm. The company produced 126.88 boe/d in Mitchell county in February 2022, a decrease of 2.53% in production when compared with the previous month.

On a YTD basis, the county produced 257.05 boe/d for the company in 2022, a 46.24% 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.