EGL Resources recorded a decrease of 6.77% in total oil and gas production to 306.4 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of EGL Resources declined 78.64% in October 2021 from 1,434.69 boe/d in October 2020.
On a YTD basis, the company’s total oil and gas production decreased by 63.8% from the same period in 2020.
The company’s oil production declined 4.75% to 249.38 bd in October 2021 from the previous month, while gas production declined by 15.38% to 0.33 mmcf/d. On a YTD basis, oil production decreased by 65.18% in 2021 when compared with the same period in 2020, while gas production declined by 58.37%. Out of the total oil and gas production in October 2021, oil production held an 81.39% share, while gas production held an 18.57% share.
Looking at the states where EGL Resources recorded the highest oil and gas production in October 2021, Texas figured at the top, accounting for a 100% share. The company produced 279.01 boe/d in the state in October 2021, a decrease of 12.8% from the previous month.
On a YTD basis, the company produced 6,533.4 boe/d in Texas in 2021, recording a decrease of 65.24% from the same period in 2020.
EGL Resources witnessed the highest oil and gas production in Midland county in October 2021. Out of all the counties, Midland county held a share of 55.8% for the firm. The company produced 170.98 boe/d in Midland county in October 2021, a decrease of 18.48% in production when compared with the previous month.
On a YTD basis, the county produced 5,553.46 boe/d for the company in 2021, a 67.92% 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.