Champion Lone Star Operating recorded an increase of 17.53% in total oil and gas production to 453.38 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Champion Lone Star Operating declined 6.41% in October 2021 from 484.42 boe/d in October 2020.
On a YTD basis, the company’s total oil and gas production decreased by 32.53% from the same period in 2020.
The company’s oil production grew 8.09% to 340.76 bd in October 2021 from the previous month, while gas production up by 58.54% to 0.65 mmcf/d. On a YTD basis, oil production decreased by 24.35% in 2021 when compared with the same period in 2020, while gas production declined by 50.47%. Out of the total oil and gas production in October 2021, oil production held a 75.16% share, while gas production held a 24.72% share.
Looking at the states where Champion Lone Star Operating recorded the highest oil and gas production in October 2021, Texas figured at the top, accounting for a 100% share. The company produced 453.38 boe/d in the state in October 2021, an increase of 17.53% from the previous month.
On a YTD basis, the company produced 4,358.6 boe/d in Texas in 2021, recording a decrease of 32.53% from the same period in 2020.
Champion Lone Star Operating witnessed the highest oil and gas production in Winkler county in October 2021. Out of all the counties, Winkler county held a share of 100% for the firm. The company produced 453.38 boe/d in Winkler county in October 2021, an increase of 17.53% in production when compared with the previous month.
On a YTD basis, the county produced 4,358.6 boe/d for the company in 2021, a 32.53% decrease from the same period in 2020.
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.