View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
July 1, 2022

Texland Rector & Schumacher records 26.16% increase in production in February 2022

By Carmen

Texland Rector & Schumacher recorded an increase of 26.16% in total oil and gas production to 465.49 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Texland Rector & Schumacher grew 35.28% in February 2022 from 344.1 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 20.68% from the same period in 2021.

The company’s oil production grew 26.14% to 463.35 bd in February 2022 from the previous month, while gas production stood at 0.01 mmcf/d. On a YTD basis, oil production increased by 21.13% in 2022 when compared with the same period in 2021, while gas production declined by 33.33%. Out of the total oil and gas production in February 2022, oil production held a 99.54% share, while gas production held a 0.37% share.


Looking at the states where Texland Rector & Schumacher recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 465.49 boe/d in the state in February 2022, an increase of 26.16% from the previous month.

On a YTD basis, the company produced 834.45 boe/d in Texas in 2022, recording an increase of 20.68% from the same period in 2021.



Texland Rector & Schumacher witnessed the highest oil and gas production in Lubbock county in February 2022. Out of all the counties, Lubbock county held a share of 69.72% for the firm. The company produced 324.56 boe/d in Lubbock county in February 2022, an increase of 29.04% in production when compared with the previous month.

On a YTD basis, the county produced 576.08 boe/d for the company in 2022, a 24.98% 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.

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

Thank you for subscribing to Offshore Technology