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February 21, 2022

Fiml Natural Resources records 166.98% increase in production in October 2021

By Carmen

Fiml Natural Resources recorded an increase of 166.98% in total oil and gas production to 906.98 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Fiml Natural Resources grew 2456.31% in October 2021 from 35.48 boe/d in October 2020.

On a YTD basis, the company’s total oil and gas production increased by 467.76% from the same period in 2020.

The company’s oil production grew 21.92% to 17.8 bd in October 2021 from the previous month, while gas production up by 27.78% to 0.23 mmcf/d. On a YTD basis, oil production decreased by 1.39% in 2021 when compared with the same period in 2020, while gas production declined by 6.71%. Out of the total oil and gas production in October 2021, oil production held a 1.96% share, while gas production held a 4.37% share.


Looking at the states where Fiml Natural Resources recorded the highest oil and gas production in October 2021, Texas figured at the top, accounting for a 100% share. The company produced 906.98 boe/d in the state in October 2021, an increase of 166.98% from the previous month.

On a YTD basis, the company produced 2,065.56 boe/d in Texas in 2021, recording an increase of 467.76% from the same period in 2020.



Fiml Natural Resources witnessed the highest oil and gas production in Reagan county in October 2021. Out of all the counties, Reagan county held a share of 86.99% for the firm. The company produced 788.99 boe/d in Reagan county in October 2021, an increase of 240.85% in production when compared with the previous month.

On a YTD basis, the county produced 1,338.31 boe/d for the company in 2021, a 483.65% 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.

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