Bow Valley Petroleum records 2.82% increase in production in September 2021

Bow Valley Petroleum recorded an increase of 2.82% in total oil and gas production to 56.18 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Bow Valley Petroleum declined 13.62% in September 2021 from 65.04 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production decreased by 14.56% from the same period in 2020.

The company’s gas production up by 3.23% to 0.32 mmcf/d in September 2021 from the previous month. On a YTD basis, gas production declined by 14.49% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in September 2021, gas production held a 98.2% share.

Looking at the states where Bow Valley Petroleum recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 56.18 boe/d in the state in September 2021, an increase of 2.82% from the previous month.

On a YTD basis, the company produced 533.66 boe/d in Texas in 2021, recording a decrease of 14.56% from the same period in 2020.

Bow Valley Petroleum witnessed the highest oil and gas production in Madison county in September 2021. Out of all the counties, Madison county held a share of 100% for the firm. The company produced 56.18 boe/d in Madison county in September 2021, an increase of 2.82% in production when compared with the previous month.

On a YTD basis, the county produced 533.66 boe/d for the company in 2021, a 14.56% 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.