Go deeper with GlobalData
Hillcrest Beverly Oil recorded an increase of 11.82% in total oil and gas production to 195.67 boe/d in February 2022 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Hillcrest Beverly Oil declined 2.6% in February 2022 from 200.9 boe/d in February 2021.
On a YTD basis, the company’s total oil and gas production decreased by 8.64% from the same period in 2021.
The company’s oil production grew 12.86% to 166.97 bd in February 2022 from the previous month, while gas production up by 6.25% to 0.17 mmcf/d. On a YTD basis, oil production decreased by 8.41% in 2022 when compared with the same period in 2021, while gas production declined by 11.11%. Out of the total oil and gas production in February 2022, oil production held an 85.33% share, while gas production held a 14.98% share.
Looking at the states where Hillcrest Beverly Oil recorded the highest oil and gas production in February 2022, California figured at the top, accounting for a 100% share. The company produced 195.67 boe/d in the state in February 2022, an increase of 11.82% from the previous month.
On a YTD basis, the company produced 370.66 boe/d in California in 2022, recording a decrease of 8.64% from the same period in 2021.
Hillcrest Beverly Oil witnessed the highest oil and gas production in Los Angeles county in February 2022. Out of all the counties, Los Angeles county held a share of 100% for the firm. The company produced 195.67 boe/d in Los Angeles county in February 2022, an increase of 11.82% in production when compared with the previous month.
On a YTD basis, the county produced 370.66 boe/d for the company in 2022, an 8.64% 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.
