84 Energy recorded an increase of 13.44% in total oil and gas production to 109.32 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of 84 Energy grew 16.88% in November 2021 from 93.53 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production decreased by 0.68% from the same period in 2020.
The company’s oil production declined 3.9% to 42.9 bd in November 2021 from the previous month, while gas production up by 25.93% to 0.34 mmcf/d. On a YTD basis, oil production increased by 10.6% in 2021 when compared with the same period in 2020, while gas production declined by 11.96%. Out of the total oil and gas production in November 2021, oil production held a 39.24% share, while gas production held a 53.62% share.
Looking at the states where 84 Energy recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 107.51 boe/d in the state in November 2021, an increase of 13.65% from the previous month.
On a YTD basis, the company produced 973 boe/d in Texas in 2021, recording a decrease of 2.72% from the same period in 2020.
84 Energy witnessed the highest oil and gas production in Nacogdoches county in November 2021. Out of all the counties, Nacogdoches county held a share of 35.4% for the firm. The company produced 38.7 boe/d in Nacogdoches county in November 2021, an increase of 4.2% in production when compared with the previous month.
On a YTD basis, the county produced 359.2 boe/d for the company in 2021, a 13.18% 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.