Venado Operating recorded an increase of 4.66% in total oil and gas production to 37,750.58 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Venado Operating grew 8.53% in February 2022 from 34,784.23 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production decreased by 2.83% from the same period in 2021.
The company’s oil production declined 15.2% to 6,119.59 bd in February 2022 from the previous month, while gas production up by 9.33% to 182.96 mmcf/d. On a YTD basis, oil production decreased by 18.19% in 2022 when compared with the same period in 2021, while gas production rose by 1.42%. Out of the total oil and gas production in February 2022, oil production held a 16.21% share, while gas production held an 83.56% share.
Looking at the states where Venado Operating recorded the highest oil and gas production in February 2022, Texas figured at the top, accounting for a 100% share. The company produced 37,750.58 boe/d in the state in February 2022, an increase of 4.66% from the previous month.
On a YTD basis, the company produced 73,820.73 boe/d in Texas in 2022, recording a decrease of 2.83% from the same period in 2021.
Venado Operating witnessed the highest oil and gas production in Johnson county in February 2022. Out of all the counties, Johnson county held a share of 53.25% for the firm. The company produced 20,102.43 boe/d in Johnson county in February 2022, an increase of 10.08% in production when compared with the previous month.
On a YTD basis, the county produced 38,364.28 boe/d for the company in 2022, a 2.79% increase 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.