Cornell Oil recorded an increase of 30.5% in total oil and gas production to 23.66 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Cornell Oil grew 247.43% in November 2021 from 6.81 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 32.11% from the same period in 2020.
The company’s oil production grew 33.43% to 18.48 bd in November 2021 from the previous month, while gas production up by 50% to 0.03 mmcf/d. On a YTD basis, oil production increased by 33.13% in 2021 when compared with the same period in 2020, while gas production rose by 33.33%. Out of the total oil and gas production in November 2021, oil production held a 78.11% share, while gas production held a 21.85% share.
Looking at the states where Cornell Oil recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 23.66 boe/d in the state in November 2021, an increase of 30.5% from the previous month.
On a YTD basis, the company produced 142.55 boe/d in Texas in 2021, recording an increase of 32.11% from the same period in 2020.
Cornell Oil witnessed the highest oil and gas production in Yoakum county in November 2021. Out of all the counties, Yoakum county held a share of 100% for the firm. The company produced 23.66 boe/d in Yoakum county in November 2021, an increase of 30.5% in production when compared with the previous month.
On a YTD basis, the county produced 142.55 boe/d for the company in 2021, a 32.11% 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.