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December 22, 2021

Giebel Aaron F records 3.8% increase in production in September 2021

By Carmen

Giebel Aaron F recorded an increase of 3.8% in total oil and gas production to 118.52 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Giebel Aaron F grew 170.29% in September 2021 from 43.85 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production increased by 167.48% from the same period in 2020.

The company’s oil production grew 2.82% to 112.27 bd in September 2021 from the previous month, while gas production up by 33.33% to 0.04 mmcf/d. On a YTD basis, oil production increased by 166.58% in 2021 when compared with the same period in 2020, while gas production rose by 216.67%. Out of the total oil and gas production in September 2021, oil production held a 94.73% share, while gas production held a 5.82% share.

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Looking at the states where Giebel Aaron F recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 118.52 boe/d in the state in September 2021, an increase of 3.8% from the previous month.

On a YTD basis, the company produced 1,038.07 boe/d in Texas in 2021, recording an increase of 167.48% from the same period in 2020.



Giebel Aaron F witnessed the highest oil and gas production in Gaines county in September 2021. Out of all the counties, Gaines county held a share of 90.44% for the firm. The company produced 107.19 boe/d in Gaines county in September 2021, an increase of 2.96% in production when compared with the previous month.

On a YTD basis, the county produced 956.11 boe/d for the company in 2021, a 263.21% 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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