Ernmar Investments recorded a decrease of 0.55% in total oil and gas production to 71.04 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Ernmar Investments declined 12.87% in October 2021 from 81.53 boe/d in October 2020.
On a YTD basis, the company’s total oil and gas production decreased by 17.42% from the same period in 2020.
The company’s oil production declined 3.3% to 12.89 bd in October 2021 from the previous month, while gas production declined by 3.13% to 0.31 mmcf/d. On a YTD basis, oil production decreased by 0.76% in 2021 when compared with the same period in 2020, while gas production declined by 21.52%. Out of the total oil and gas production in October 2021, oil production held an 18.14% share, while gas production held a 75.24% share.
Looking at the states where Ernmar Investments recorded the highest oil and gas production in October 2021, New Mexico figured at the top, accounting for a 76.94% share. The company produced 40.15 boe/d in the state in October 2021, a decrease of 5.19% from the previous month.
On a YTD basis, the company produced 439.26 boe/d in New Mexico in 2021, recording a decrease of 49.62% from the same period in 2020.
Ernmar Investments witnessed the highest oil and gas production in Lea county in October 2021. Out of all the counties, Lea county held a share of 56.52% for the firm. The company produced 40.15 boe/d in Lea county in October 2021, a decrease of 5.19% in production when compared with the previous month.
On a YTD basis, the county produced 439.26 boe/d for the company in 2021, a 25.3% 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.