Endeavor Energy Resources Records 21.65% Increase in Production in February 2022

Endeavor Energy Resources recorded a 21.65% increase in total oil and gas production to 2,89,047.57 boe/d in February 2022 from the previous month, according to GlobalData’s USL48 database.

Oil and gas production from Endeavor Energy Resources increased 82.69% in February 2022 from 1,58,221.43 boe/d in February 2021.

Year-to-date, the company’s total oil and gas production is up 50.79% compared to the same period in 2021.

The company’s oil production increased by 22.61% to 1,98,353.09 bd in February 2022 compared to the previous month, while gas production increased by 19.62% to 525.77 mmcf/d . On a YTD basis, oil production increased by 48.43% in 2022 compared to the same period in 2021, while gas production increased by 56.18%. Of the total oil and gas production in February 2022, oil production held a share of 68.62%, while gas production held a share of 31.36%.

As for the states where Endeavor Energy Resources had the highest oil and gas production in February 2022, Texas was in the lead, accounting for a 100% share. The company produced 2,88,622.4 boe/d in the state in February 2022, an increase of 21.69% from the previous month.

On a YTD basis, the company produced 5,25,793.02 boe/d in Texas in 2022, recording a 50.54% increase over the same period in 2021.

Endeavor Energy Resources had the highest oil and gas production in Midland County in February 2022. Of all the counties, Midland County held a 44.66% share for the company. The company produced 1,29,091.25 boe/d in Midland County in February 2022, a 32.72% increase in production from the previous month.

On a YTD basis, the county produced 2,26,360.16 boe/d for the company in 2022, an increase of 48.35% over the same period in 2021.

Methodology

All publicly announced well data is included in this analysis, which is drawn from GlobalData’s USL48 database which provides information on oil and gas permits and wells as disclosed by State Department sites.

GlobalData collects the latest production data and analyzes trends when made public by state departments. Differences, if any, between the activity period and the article date can be attributed to delays in the publication of data.

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