HLH Petroleum recorded a decrease of 4.67% in total oil and gas production to 52.71 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of HLH Petroleum declined 6.99% in September 2021 from 56.67 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production decreased by 19.07% from the same period in 2020.
The company’s oil production grew 13.8% to 5.69 bd in September 2021 from the previous month, while gas production declined by 6.9% to 0.27 mmcf/d. On a YTD basis, oil production decreased by 39.38% in 2021 when compared with the same period in 2020, while gas production declined by 15.79%. Out of the total oil and gas production in September 2021, oil production held a 10.79% share, while gas production held an 88.31% share.
Looking at the states where HLH Petroleum recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 52.71 boe/d in the state in September 2021, a decrease of 4.67% from the previous month.
On a YTD basis, the company produced 465.41 boe/d in Texas in 2021, recording a decrease of 19.07% from the same period in 2020.
HLH Petroleum witnessed the highest oil and gas production in Upshur county in September 2021. Out of all the counties, Upshur county held a share of 89.21% for the firm. The company produced 47.02 boe/d in Upshur county in September 2021, a decrease of 6.5% in production when compared with the previous month.
On a YTD basis, the county produced 418.12 boe/d for the company in 2021, a 15.09% decrease from the same period in 2020.
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.