3 S Production recorded an increase of 24.25% in total oil and gas production to 105.3 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of 3 S Production grew 55.36% in November 2021 from 67.78 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 5.3% from the same period in 2020.
The company’s oil production grew 30.48% to 69.18 bd in November 2021 from the previous month, while gas production up by 11.11% to 0.2 mmcf/d. On a YTD basis, oil production decreased by 5.19% in 2021 when compared with the same period in 2020, while gas production rose by 35.29%. Out of the total oil and gas production in November 2021, oil production held a 65.7% share, while gas production held a 32.74% share.
Looking at the states where 3 S Production recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 105.3 boe/d in the state in November 2021, an increase of 24.25% from the previous month.
On a YTD basis, the company produced 964.36 boe/d in Texas in 2021, recording an increase of 5.3% from the same period in 2020.
3 S Production witnessed the highest oil and gas production in Taylor county in November 2021. Out of all the counties, Taylor county held a share of 25.57% for the firm. The company produced 26.93 boe/d in Taylor county in November 2021, a decrease of 3.79% in production when compared with the previous month.
On a YTD basis, the county produced 265.03 boe/d for the company in 2021, an 18.68% decrease from the same period in 2020.
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.
