Southern Ute Indian Tribe recorded a decrease of 2.5% in total oil and gas production to 19,055.78 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Southern Ute Indian Tribe grew 14.06% in February 2022 from 16,706.08 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production increased by 9.67% from the same period in 2021.
The company’s oil production grew 10.59% to 0.94 bd in February 2022 from the previous month, while gas production declined by 2.51% to 110.52 mmcf/d. On a YTD basis, oil production decreased by 7.25% in 2022 when compared with the same period in 2021, while gas production rose by 9.68%. Out of the total oil and gas production in February 2022, gas production held a 99.99% share.
Looking at the states where Southern Ute Indian Tribe recorded the highest oil and gas production in February 2022, Colorado figured at the top. The company produced 19,055.78 boe/d in the state in February 2022, a decrease of 2.5% from the previous month.
On a YTD basis, the company produced 38,600.75 boe/d in Colorado in 2022, recording an increase of 9.67% from the same period in 2021.
Southern Ute Indian Tribe witnessed the highest oil and gas production in La Plata county in February 2022. Out of all the counties, La Plata county held a share of 74.36% for the firm. The company produced 14,169.38 boe/d in La Plata county in February 2022, a decrease of 0.7% in production when compared with the previous month.
On a YTD basis, the county produced 28,438.17 boe/d for the company in 2022, a 7.11% 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.