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February 7, 2022

7711 Corp The records 5.78% increase in production in October 2021

By Carmen

7711 Corp The recorded an increase of 5.78% in total oil and gas production to 229.51 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of 7711 Corp The declined 9.67% in October 2021 from 254.08 boe/d in October 2020.

On a YTD basis, the company’s total oil and gas production decreased by 13.95% from the same period in 2020.

The company’s oil production grew 6.15% to 133.33 bd in October 2021 from the previous month, while gas production up by 5.66% to 0.56 mmcf/d. On a YTD basis, oil production decreased by 16.49% in 2021 when compared with the same period in 2020, while gas production declined by 10.28%. Out of the total oil and gas production in October 2021, oil production held a 58.09% share, while gas production held a 42.07% share.


Looking at the states where 7711 Corp The recorded the highest oil and gas production in October 2021, Texas figured at the top, accounting for a 100% share. The company produced 229.51 boe/d in the state in October 2021, an increase of 5.78% from the previous month.

On a YTD basis, the company produced 2,270.49 boe/d in Texas in 2021, recording a decrease of 13.95% from the same period in 2020.



7711 Corp The witnessed the highest oil and gas production in Brazos county in October 2021. Out of all the counties, Brazos county held a share of 99.3% for the firm. The company produced 227.9 boe/d in Brazos county in October 2021, an increase of 5.07% in production when compared with the previous month.

On a YTD basis, the county produced 2,262.16 boe/d for the company in 2021, a 10.03% 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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