Galaxy Oil recorded an increase of 7.14% in total oil and gas production to 91.93 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Galaxy Oil declined 3.59% in September 2021 from 95.35 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production increased by 11.15% from the same period in 2020.

The company’s oil production grew 17.77% to 50.91 bd in September 2021 from the previous month, while gas production declined by 4% to 0.24 mmcf/d. On a YTD basis, oil production increased by 28.55% in 2021 when compared with the same period in 2020, while gas production rose by 0.98%. Out of the total oil and gas production in September 2021, oil production held a 55.38% share, while gas production held a 45.01% share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Looking at the states where Galaxy Oil recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 90.32 boe/d in the state in September 2021, an increase of 8.53% from the previous month.

On a YTD basis, the company produced 918.07 boe/d in Texas in 2021, recording an increase of 9.01% from the same period in 2020.



Galaxy Oil witnessed the highest oil and gas production in Dimmit county in September 2021. Out of all the counties, Dimmit county held a share of 44.81% for the firm. The company produced 41.19 boe/d in Dimmit county in September 2021, an increase of 23.18% in production when compared with the previous month.

On a YTD basis, the county produced 520.31 boe/d for the company in 2021, a 13.1% 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.