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February 7, 2022

Agave Energy records 5.1% decrease in production in October 2021

By Carmen

Agave Energy recorded a decrease of 5.1% in total oil and gas production to 122.74 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Agave Energy grew 1938.87% in October 2021 from 6.02 boe/d in October 2020.

On a YTD basis, the company’s total oil and gas production increased by 1318.36% from the same period in 2020.

The company’s gas production declined by 5.33% to 0.71 mmcf/d in October 2021 from the previous month. On a YTD basis, gas production rose by 1326.67% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in October 2021, gas production held a 99.73% share.


Looking at the states where Agave Energy recorded the highest oil and gas production in October 2021, Oklahoma figured at the top, accounting for a 100% share. The company produced 116.29 boe/d in the state in October 2021, a decrease of 5.17% from the previous month.

On a YTD basis, the company produced 1,050.52 boe/d in Oklahoma in 2021, recording an increase of 1246.82% from the same period in 2020.



Agave Energy witnessed the highest oil and gas production in Haskell county in October 2021. Out of all the counties, Haskell county held a share of 61.89% for the firm. The company produced 75.96 boe/d in Haskell county in October 2021, an increase of 0.44% in production when compared with the previous month.

On a YTD basis, the county produced 737.44 boe/d for the company in 2021.



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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