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April 12, 2022

Grayson Mill Operating records 13.61% increase in production in December 2021

By Carmen

Grayson Mill Operating recorded an increase of 13.61% in total oil and gas production to 58,282.89 boe/d in December 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Grayson Mill Operating grew 4.98% in December 2021 from 55,519.16 boe/d in December 2020.

On a YTD basis, the company’s total oil and gas production decreased by 23.61% from the same period in 2020.

The company’s oil production grew 16.91% to 39,516.97 bd in December 2021 from the previous month, while gas production up by 7.22% to 108.84 mmcf/d. On a YTD basis, oil production decreased by 27.32% in 2021 when compared with the same period in 2020, while gas production declined by 15.53%. Out of the total oil and gas production in December 2021, oil production held a 67.8% share, while gas production held a 32.2% share.


Looking at the states where Grayson Mill Operating recorded the highest oil and gas production in December 2021, North Dakota figured at the top, accounting for a 1.01% share. The company produced 56,924.6 boe/d in the state in December 2021, an increase of 13.59% from the previous month.

On a YTD basis, the company produced 6,08,317.64 boe/d in North Dakota in 2021, recording a decrease of 25.75% from the same period in 2020.



Grayson Mill Operating witnessed the highest oil and gas production in Williams county in December 2021. Out of all the counties, Williams county held a share of 47.68% for the firm. The company produced 27,791.46 boe/d in Williams county in December 2021, an increase of 34% in production when compared with the previous month.

On a YTD basis, the county produced 2,96,868.54 boe/d for the company in 2021, a 27.84% decrease 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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