BLS Production recorded an increase of 27.83% in total oil and gas production to 454.22 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of BLS Production grew 52.22% in September 2021 from 298.39 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 13.29% from the same period in 2020.
The company’s oil production grew 28.47% to 438.42 bd in September 2021 from the previous month, while gas production up by 12.5% to 0.09 mmcf/d. On a YTD basis, oil production increased by 14.97% in 2021 when compared with the same period in 2020, while gas production declined by 16.47%. Out of the total oil and gas production in September 2021, oil production held a 96.52% share, while gas production held a 3.42% share.
Looking at the states where BLS Production recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 454.22 boe/d in the state in September 2021, an increase of 27.83% from the previous month.
On a YTD basis, the company produced 3,053.08 boe/d in Texas in 2021, recording an increase of 13.29% from the same period in 2020.
BLS Production witnessed the highest oil and gas production in Grayson county in September 2021. Out of all the counties, Grayson county held a share of 54.46% for the firm. The company produced 247.39 boe/d in Grayson county in September 2021, an increase of 21.53% in production when compared with the previous month.
On a YTD basis, the county produced 1,686.17 boe/d for the company in 2021, a 10.49% 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.