Valkyrie Operating recorded a decrease of 2.31% in total oil and gas production to 949.86 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Valkyrie Operating grew 13.47% in February 2022 from 837.08 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production increased by 15.08% from the same period in 2021.
The company’s oil production declined 3.01% to 813 bd in February 2022 from the previous month, while gas production up by 1.28% to 0.79 mmcf/d. On a YTD basis, oil production increased by 9.3% in 2022 when compared with the same period in 2021, while gas production rose by 68.82%. Out of the total oil and gas production in February 2022, oil production held an 85.59% share, while gas production held a 14.34% share.
Looking at the states where Valkyrie Operating recorded the highest oil and gas production in February 2022, Wyoming figured at the top, accounting for a 100% share. The company produced 576.78 boe/d in the state in February 2022, an increase of 1.47% from the previous month.
On a YTD basis, the company produced 1,145.2 boe/d in Wyoming in 2022, recording a decrease of 31.44% from the same period in 2021.
Valkyrie Operating witnessed the highest oil and gas production in Divide county in February 2022. Out of all the counties, Divide county held a share of 38.64% for the firm. The company produced 367.01 boe/d in Divide county in February 2022, a decrease of 7.74% in production when compared with the previous month.
On a YTD basis, the county produced 764.8 boe/d for the company in 2022, a 17.82% decrease from the same period in 2021.
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.