Union Pacific Resource recorded an increase of 0.31% in total oil and gas production to 1,303.35 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Union Pacific Resource grew 15.1% in February 2022 from 1,132.41 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production increased by 3.52% from the same period in 2021.
The company’s oil production grew 1.73% to 330.16 bd in February 2022 from the previous month, while gas production up by 0.19% to 5.23 mmcf/d. On a YTD basis, oil production increased by 35.16% in 2022 when compared with the same period in 2021, while gas production rose by 2.65%. Out of the total oil and gas production in February 2022, oil production held a 25.33% share, while gas production held a 69.18% share.
Looking at the states where Union Pacific Resource recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 1,303.35 boe/d in the state in February 2022, an increase of 0.31% from the previous month.
On a YTD basis, the company produced 2,602.65 boe/d in Texas in 2022, recording an increase of 3.52% from the same period in 2021.
Union Pacific Resource witnessed the highest oil and gas production in Nueces county in February 2022. Out of all the counties, Nueces county held a share of 23.42% for the firm. The company produced 305.2 boe/d in Nueces county in February 2022, a decrease of 2.11% in production when compared with the previous month.
On a YTD basis, the county produced 616.98 boe/d for the company in 2022, a 50.32% increase from the same period in 2021.