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July 1, 2022

W A Moncrief records 12.73% increase in production in February 2022

By Carmen

W A Moncrief recorded an increase of 12.73% in total oil and gas production to 677.76 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of W A Moncrief grew 13.1% in February 2022 from 599.26 boe/d in February 2021.

On a YTD basis, the company’s total oil and gas production increased by 0.15% from the same period in 2021.

The company’s oil production grew 14.12% to 80.36 bd in February 2022 from the previous month, while gas production up by 12.34% to 3.46 mmcf/d. On a YTD basis, oil production decreased by 7.91% in 2022 when compared with the same period in 2021, while gas production rose by 1.4%. Out of the total oil and gas production in February 2022, oil production held an 11.86% share, while gas production held an 88.02% share.


Looking at the states where W A Moncrief recorded the highest oil and gas production in February 2022, Wyoming figured at the top, accounting for a 100% share. The company produced 609.99 boe/d in the state in February 2022, an increase of 10.4% from the previous month.

On a YTD basis, the company produced 1,162.49 boe/d in Wyoming in 2022, recording a decrease of 8.97% from the same period in 2021.



W A Moncrief witnessed the highest oil and gas production in Fremont county in February 2022. Out of all the counties, Fremont county held a share of 56.84% for the firm. The company produced 385.22 boe/d in Fremont county in February 2022, an increase of 12.72% in production when compared with the previous month.

On a YTD basis, the county produced 726.96 boe/d for the company in 2022, a 1.87% 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.

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