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July 1, 2022

Trinity Operating records 4.82% increase in production in February 2022

By Carmen

Trinity Operating recorded an increase of 4.82% in total oil and gas production to 1,37,081.74 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Trinity Operating grew 41.12% in February 2022 from 97,140.39 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 31.79% from the same period in 2021.

The company’s oil production grew 35.32% to 17,312.25 bd in February 2022 from the previous month, while gas production up by 1.52% to 694.66 mmcf/d. On a YTD basis, oil production increased by 6.14% in 2022 when compared with the same period in 2021, while gas production rose by 35.95%. Out of the total oil and gas production in February 2022, oil production held a 12.63% share, while gas production held an 87.37% share.


Looking at the states where Trinity Operating recorded the highest oil and gas production in February 2022, Oklahoma figured at the top, accounting for a 57.93% share. The company produced 58,277.82 boe/d in the state in February 2022, an increase of 4.64% from the previous month.

On a YTD basis, the company produced 1,13,969.81 boe/d in Oklahoma in 2022, recording a decrease of 43.93% from the same period in 2021.



Trinity Operating witnessed the highest oil and gas production in Caddo county in February 2022. Out of all the counties, Caddo county held a share of 32.86% for the firm. The company produced 45,044.34 boe/d in Caddo county in February 2022, a decrease of 3.69% in production when compared with the previous month.

On a YTD basis, the county produced 91,816.86 boe/d for the company in 2022, a 173.65% 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.

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