CIC Partners recorded a decrease of 1.92% in total oil and gas production to 160.75 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of CIC Partners declined 18.14% in September 2021 from 196.37 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production decreased by 26.24% from the same period in 2020.
The company’s oil production declined 7.05% to 124.87 bd in September 2021 from the previous month, while gas production up by 23.53% to 0.21 mmcf/d. On a YTD basis, oil production decreased by 22.52% in 2021 when compared with the same period in 2020, while gas production declined by 39.56%. Out of the total oil and gas production in September 2021, oil production held a 77.68% share, while gas production held a 22.53% share.
Looking at the states where CIC Partners recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 153.36 boe/d in the state in September 2021, a decrease of 2.32% from the previous month.
On a YTD basis, the company produced 1,527.34 boe/d in Texas in 2021, recording a decrease of 29.21% from the same period in 2020.
CIC Partners witnessed the highest oil and gas production in Dimmit county in September 2021. Out of all the counties, Dimmit county held a share of 77.46% for the firm. The company produced 124.51 boe/d in Dimmit county in September 2021, a decrease of 4.41% in production when compared with the previous month.
On a YTD basis, the county produced 1,324.28 boe/d for the company in 2021, a 34.36% 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.