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  1. Market Data
March 9, 2022

4-Sight Operating records 78.87% decrease in production in November 2021

By Carmen

4-Sight Operating recorded a decrease of 78.87% in total oil and gas production to 40.53 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of 4-Sight Operating declined 72.69% in November 2021 from 148.42 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production decreased by 15.36% from the same period in 2020.

The company’s oil production declined 79.94% to 36.77 bd in November 2021 from the previous month, while gas production declined by 60% to 0.02 mmcf/d. On a YTD basis, oil production decreased by 14.14% in 2021 when compared with the same period in 2020, while gas production declined by 34.85%. Out of the total oil and gas production in November 2021, oil production held a 90.72% share, while gas production held an 8.51% share.


Looking at the states where 4-Sight Operating recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 40.53 boe/d in the state in November 2021, a decrease of 78.87% from the previous month.

On a YTD basis, the company produced 1,573.82 boe/d in Texas in 2021, recording a decrease of 15.36% from the same period in 2020.



4-Sight Operating witnessed the highest oil and gas production in Rusk county in November 2021. Out of all the counties, Rusk county held a share of 77.5% for the firm. The company produced 31.41 boe/d in Rusk county in November 2021, a decrease of 54.11% in production when compared with the previous month.

On a YTD basis, the county produced 663.81 boe/d for the company in 2021, a 33.1% 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.

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