Strachan Exploration recorded an increase of 1.12% in total oil and gas production to 187.16 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Strachan Exploration declined 4.18% in February 2022 from 195.32 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production decreased by 10.99% from the same period in 2021.
The company’s oil production grew 14.82% to 32 bd in February 2022 from the previous month, while gas production declined by 1.1% to 0.9 mmcf/d. On a YTD basis, oil production decreased by 11.8% in 2022 when compared with the same period in 2021, while gas production declined by 10.84%. Out of the total oil and gas production in February 2022, oil production held a 17.1% share, while gas production held an 82.91% share.
Looking at the states where Strachan Exploration recorded the highest oil and gas production in February 2022, Colorado figured at the top, accounting for a 15.82% share. The company produced 161.59 boe/d in the state in February 2022, a decrease of 0.39% from the previous month.
On a YTD basis, the company produced 323.81 boe/d in Colorado in 2022, recording a decrease of 22.57% from the same period in 2021.
Strachan Exploration witnessed the highest oil and gas production in Bent county in February 2022. Out of all the counties, Bent county held a share of 31.74% for the firm. The company produced 59.4 boe/d in Bent county in February 2022, a decrease of 1.03% in production when compared with the previous month.
On a YTD basis, the county produced 119.41 boe/d for the company in 2022, a 19.03% decrease 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.
