CIC Partners recorded an increase of 4.84% in total oil and gas production to 400.58 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of CIC Partners grew 29.67% in October 2021 from 308.92 boe/d in October 2020.
On a YTD basis, the company’s total oil and gas production decreased by 6.12% from the same period in 2020.
The company’s oil production grew 13.26% to 170.59 bd in October 2021 from the previous month, while gas production declined by 0.75% to 1.33 mmcf/d. On a YTD basis, oil production decreased by 17.02% in 2021 when compared with the same period in 2020, while gas production rose by 4.44%. Out of the total oil and gas production in October 2021, oil production held a 42.59% share, while gas production held a 57.24% share.
Looking at the states where CIC Partners recorded the highest oil and gas production in October 2021, Louisiana figured at the top, accounting for a 67.77% share. The company produced 233.94 boe/d in the state in October 2021, an increase of 3.39% from the previous month.
On a YTD basis, the company produced 2,296.18 boe/d in Louisiana in 2021, recording a decrease of 46.24% from the same period in 2020.
CIC Partners witnessed the highest oil and gas production in Calcasieu county in October 2021. Out of all the counties, Calcasieu county held a share of 58.4% for the firm. The company produced 233.94 boe/d in Calcasieu county in October 2021, an increase of 3.39% in production when compared with the previous month.
On a YTD basis, the county produced 2,296.18 boe/d for the company in 2021, an 18.65% increase 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.