Greystone Petroleum recorded an increase of 43.65% in total oil and gas production to 30.44 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Greystone Petroleum grew 434.97% in October 2021 from 5.69 boe/d in October 2020.
On a YTD basis, the company’s total oil and gas production decreased by 23.05% from the same period in 2020.
The company’s oil production grew 34.8% to 24.13 bd in October 2021 from the previous month, while gas production up by 100% to 0.04 mmcf/d. On a YTD basis, oil production decreased by 0.89% in 2021 when compared with the same period in 2020, while gas production declined by 49.02%. Out of the total oil and gas production in October 2021, oil production held a 79.27% share, while gas production held a 22.67% share.
Looking at the states where Greystone Petroleum recorded the highest oil and gas production in October 2021, Texas figured at the top, accounting for a 100% share. The company produced 30.44 boe/d in the state in October 2021, an increase of 43.65% from the previous month.
On a YTD basis, the company produced 144.59 boe/d in Texas in 2021, recording a decrease of 23.05% from the same period in 2020.
Greystone Petroleum witnessed the highest oil and gas production in Andrews county in October 2021. Out of all the counties, Andrews county held a share of 100% for the firm. The company produced 30.44 boe/d in Andrews county in October 2021, an increase of 43.65% in production when compared with the previous month.
On a YTD basis, the county produced 144.59 boe/d for the company in 2021, a 23.05% 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.