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February 7, 2022

Acadia Oil records 8.84% decrease in production in October 2021

By Carmen

Acadia Oil recorded a decrease of 8.84% in total oil and gas production to 92.15 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Acadia Oil grew 24.11% in October 2021 from 74.25 boe/d in October 2020.

On a YTD basis, the company’s total oil and gas production increased by 14.71% from the same period in 2020.

The company’s oil production declined 8.84% to 92.15 bd in October 2021 from the previous month. On a YTD basis, oil production increased by 14.71% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in October 2021, oil production held a 100% share.


Looking at the states where Acadia Oil recorded the highest oil and gas production in October 2021, Texas figured at the top, accounting for a 100% share. The company produced 92.15 boe/d in the state in October 2021, a decrease of 8.84% from the previous month.

On a YTD basis, the company produced 841.73 boe/d in Texas in 2021, recording an increase of 14.71% from the same period in 2020.



Acadia Oil witnessed the highest oil and gas production in Wichita county in October 2021. Out of all the counties, Wichita county held a share of 100% for the firm. The company produced 92.15 boe/d in Wichita county in October 2021, a decrease of 8.84% in production when compared with the previous month.

On a YTD basis, the county produced 841.73 boe/d for the company in 2021, a 15.59% increase 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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