TOC Oil recorded a decrease of 5.9% in total oil and gas production to 346.33 boe/d in January 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of TOC Oil declined 5.27% in January 2022 from 365.61 boe/d in January 2021.

On a YTD basis, the company’s total oil and gas production decreased by 5.27% from the same period in 2021.

The company’s oil production declined 5.8% to 344.9 bd in January 2022 from the previous month, while gas production stood at 0.01 mmcf/d. On a YTD basis, oil production decreased by 5.05% in 2022 when compared with the same period in 2021, while gas production. Out of the total oil and gas production in January 2022, oil production held a 99.59% share, while gas production held a 0.5% share.


Looking at the states where TOC Oil recorded the highest oil and gas production in January 2022, Wyoming figured at the top, accounting for a 100% share. The company produced 284.88 boe/d in the state in January 2022 from the previous month.

On a YTD basis, the company produced 284.88 boe/d in Wyoming in 2022, recording a decrease of 22.08% from the same period in 2021.



TOC Oil witnessed the highest oil and gas production in Uinta county in January 2022. Out of all the counties, Uinta county held a share of 82.26% for the firm.

On a YTD basis, the county produced 284.88 boe/d for the company in 2022, a 5.18% 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.