Griffin & Griffin Exploration records 36.05% increase in production in August 2021

Griffin & Griffin Exploration recorded an increase of 36.05% in total oil and gas production to 173.85 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Griffin & Griffin Exploration grew 176.96% in August 2021 from 62.77 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 493.92% from the same period in 2020.

The company’s oil production grew 36.54% to 173.62 bd in August 2021 from the previous month. On a YTD basis, oil production increased by 503.68% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in August 2021, oil production held a 99.87% share.

Looking at the states where Griffin & Griffin Exploration recorded the highest oil and gas production in August 2021, Louisiana figured at the top, accounting for a 10.61% share. The company produced 157.17 boe/d in the state in August 2021, an increase of 33.36% from the previous month.

On a YTD basis, the company produced 1,068.13 boe/d in Louisiana in 2021, recording an increase of 422.08% from the same period in 2020.

Griffin & Griffin Exploration witnessed the highest oil and gas production in East Baton Rouge county in August 2021. Out of all the counties, East Baton Rouge county held a share of 89.46% for the firm. The company produced 155.52 boe/d in East Baton Rouge county in August 2021, an increase of 39.91% in production when compared with the previous month.

On a YTD basis, the county produced 1,028.65 boe/d for the company in 2021.

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.