Chief Oil & Gas recorded an increase of 6.2% in total oil and gas production to 191,767.05 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Chief Oil & Gas grew 4.95% in September 2021 from 182,717.58 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 2.15% from the same period in 2020.
The company’s oil production declined 55.06% to 2.8 bd in September 2021 from the previous month, while gas production up by 6.2% to 1,112.21 mmcf/d. On a YTD basis, oil production increased by 98.69% in 2021 when compared with the same period in 2020, while gas production rose by 2.15%. Out of the total oil and gas production in September 2021, gas production held a 99.99% share.
Looking at the states where Chief Oil & Gas recorded the highest oil and gas production in September 2021, Pennsylvania figured at the top, accounting for a 2.69% share. The company produced 186,747.32 boe/d in the state in September 2021, an increase of 6.29% from the previous month.
On a YTD basis, the company produced 1,638,784.08 boe/d in Pennsylvania in 2021, recording a decrease of 0.5% from the same period in 2020.
Chief Oil & Gas witnessed the highest oil and gas production in Bradford county in September 2021. Out of all the counties, Bradford county held a share of 66.28% for the firm. The company produced 127,112.05 boe/d in Bradford county in September 2021, an increase of 10.97% in production when compared with the previous month.
On a YTD basis, the county produced 1,059,114.01 boe/d for the company in 2021, an 11.54% 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.