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February 21, 2022

Great Western Oil & Gas records 5.02% increase in production in October 2021

By Carmen

Great Western Oil & Gas recorded an increase of 5.02% in total oil and gas production to 64,262.36 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Great Western Oil & Gas grew 16.02% in October 2021 from 55,389.94 boe/d in October 2020.

On a YTD basis, the company’s total oil and gas production decreased by 4.8% from the same period in 2020.

The company’s oil production grew 8.85% to 32,079.98 bd in October 2021 from the previous month, while gas production up by 1.46% to 186.66 mmcf/d. On a YTD basis, oil production decreased by 10.82% in 2021 when compared with the same period in 2020, while gas production rose by 1.26%. Out of the total oil and gas production in October 2021, oil production held a 49.92% share, while gas production held a 50.08% share.


Looking at the states where Great Western Oil & Gas recorded the highest oil and gas production in October 2021, Colorado figured at the top, accounting for a 100% share. The company produced 64,262.36 boe/d in the state in October 2021, an increase of 5.02% from the previous month.

On a YTD basis, the company produced 597,036.37 boe/d in Colorado in 2021, recording a decrease of 4.8% from the same period in 2020.



Great Western Oil & Gas witnessed the highest oil and gas production in ADAMS county in October 2021. Out of all the counties, ADAMS county held a share of 56.32% for the firm. The company produced 36,191.75 boe/d in ADAMS county in October 2021, an increase of 13.1% in production when compared with the previous month.

On a YTD basis, the county produced 327,571.08 boe/d for the company in 2021, a 16.75% 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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