Conquest Exploration recorded a decrease of 24.35% in total oil and gas production to 6.74 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Conquest Exploration declined 44.98% in November 2021 from 12.25 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production decreased by 26.7% from the same period in 2020.
The company’s oil production declined 25.48% to 3.1 bd in November 2021 from the previous month, while gas production declined by 33.33% to 0.02 mmcf/d. On a YTD basis, oil production decreased by 46.64% in 2021 when compared with the same period in 2020, while gas production declined by 9.76%. Out of the total oil and gas production in November 2021, oil production held a 45.99% share, while gas production held a 51.19% share.
Looking at the states where Conquest Exploration recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 6.74 boe/d in the state in November 2021, a decrease of 24.35% from the previous month.
On a YTD basis, the company produced 101.53 boe/d in Texas in 2021, recording a decrease of 26.7% from the same period in 2020.
Conquest Exploration witnessed the highest oil and gas production in Martin county in November 2021. Out of all the counties, Martin county held a share of 56.23% for the firm. The company produced 3.79 boe/d in Martin county in November 2021, a decrease of 29.68% in production when compared with the previous month.
On a YTD basis, the county produced 54.52 boe/d for the company in 2021, a 22.32% 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.