Fasken Oil & Ranch recorded an increase of 19.31% in total oil and gas production to 54,879.85 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Fasken Oil & Ranch grew 43.22% in September 2021 from 38,319.16 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 22.39% from the same period in 2020.
The company’s oil production grew 28.94% to 32,117.18 bd in September 2021 from the previous month, while gas production up by 7.85% to 114.8 mmcf/d. On a YTD basis, oil production increased by 47.06% in 2021 when compared with the same period in 2020, while gas production rose by 5.21%. Out of the total oil and gas production in September 2021, oil production held a 58.52% share, while gas production held a 36.07% share.
Looking at the states where Fasken Oil & Ranch recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 53,249.15 boe/d in the state in September 2021, an increase of 19.96% from the previous month.
On a YTD basis, the company produced 356,916.93 boe/d in Texas in 2021, recording an increase of 17.72% from the same period in 2020.
Fasken Oil & Ranch witnessed the highest oil and gas production in Andrews county in September 2021. Out of all the counties, Andrews county held a share of 41.02% for the firm. The company produced 22,509.73 boe/d in Andrews county in September 2021, an increase of 74.47% in production when compared with the previous month.
On a YTD basis, the county produced 133,746.5 boe/d for the company in 2021, a 99.59% increase from the same period in 2020.
Methodology
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.