Future Petroleum recorded an increase of 9.62% in total oil and gas production to 123.67 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Future Petroleum grew 21.72% in September 2021 from 101.6 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production decreased by 12.07% from the same period in 2020.
The company’s oil production stood at 60.27 bd in September 2021, while gas production up by 20% to 0.36 mmcf/d. On a YTD basis, oil production decreased by 32.83% in 2021 when compared with the same period in 2020, while gas production rose by 24.55%. Out of the total oil and gas production in September 2021, oil production held a 48.73% share, while gas production held a 50.19% share.
Looking at the states where Future Petroleum recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 123.67 boe/d in the state in September 2021, an increase of 9.62% from the previous month.
On a YTD basis, the company produced 914.85 boe/d in Texas in 2021, recording a decrease of 12.07% from the same period in 2020.
Future Petroleum witnessed the highest oil and gas production in Victoria county in September 2021. Out of all the counties, Victoria county held a share of 56.93% for the firm. The company produced 70.4 boe/d in Victoria county in September 2021, a decrease of 0.48% in production when compared with the previous month.
On a YTD basis, the county produced 492.69 boe/d for the company in 2021, a 28% 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.