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December 22, 2021

Fiml Natural Resources records 16.71% increase in production in September 2021

By Carmen

Fiml Natural Resources recorded an increase of 16.71% in total oil and gas production to 14,502.87 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Fiml Natural Resources grew 110.73% in September 2021 from 6,882.26 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production increased by 18.74% from the same period in 2020.

The company’s oil production grew 18.89% to 5,179.87 bd in September 2021 from the previous month, while gas production up by 15.51% to 54.07 mmcf/d. On a YTD basis, oil production increased by 31.79% in 2021 when compared with the same period in 2020, while gas production rose by 13.47%. Out of the total oil and gas production in September 2021, oil production held a 35.72% share, while gas production held a 64.28% share.


Looking at the states where Fiml Natural Resources recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 14,502.87 boe/d in the state in September 2021, an increase of 16.71% from the previous month.

On a YTD basis, the company produced 82,700.21 boe/d in Texas in 2021, recording an increase of 18.74% from the same period in 2020.



Fiml Natural Resources witnessed the highest oil and gas production in Irion county in September 2021. Out of all the counties, Irion county held a share of 52.51% for the firm. The company produced 7,615.92 boe/d in Irion county in September 2021, an increase of 7.43% in production when compared with the previous month.

On a YTD basis, the county produced 42,869.33 boe/d for the company in 2021, a 29.09% 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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