View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
April 12, 2022

TEP Barnett USA records 2.62% decrease in production in December 2021

By Carmen

TEP Barnett USA recorded a decrease of 2.62% in total oil and gas production to 81,152.96 boe/d in December 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of TEP Barnett USA grew 0.28% in December 2021 from 80,927.15 boe/d in December 2020.

On a YTD basis, the company’s total oil and gas production decreased by 5.2% from the same period in 2020.

The company’s gas production declined by 2.61% to 470.63 mmcf/d in December 2021 from the previous month. On a YTD basis, gas production declined by 5.2% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in December 2021, gas production held a 99.99% share.


Looking at the states where TEP Barnett USA recorded the highest oil and gas production in December 2021, Texas figured at the top, accounting for a 100% share. The company produced 81,152.96 boe/d in the state in December 2021, a decrease of 2.62% from the previous month.

On a YTD basis, the company produced 9,29,842.15 boe/d in Texas in 2021, recording a decrease of 5.2% from the same period in 2020.



TEP Barnett USA witnessed the highest oil and gas production in Tarrant county in December 2021. Out of all the counties, Tarrant county held a share of 80.71% for the firm. The company produced 65,500.61 boe/d in Tarrant county in December 2021, a decrease of 3.57% in production when compared with the previous month.

On a YTD basis, the county produced 7,42,623.35 boe/d for the company in 2021, a 6.02% decrease from the same period in 2020.



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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU