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March 23, 2022

Holmes Exploration records 0.91% increase in production in November 2021

By Carmen

Holmes Exploration recorded an increase of 0.91% in total oil and gas production to 229.26 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Holmes Exploration grew 56.62% in November 2021 from 146.38 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production increased by 26.3% from the same period in 2020.

The company’s oil production declined 0.07% to 87.63 bd in November 2021 from the previous month, while gas production up by 2.53% to 0.81 mmcf/d. On a YTD basis, oil production increased by 32.68% in 2021 when compared with the same period in 2020, while gas production rose by 23.97%. Out of the total oil and gas production in November 2021, oil production held a 38.22% share, while gas production held a 60.91% share.


Looking at the states where Holmes Exploration recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 229.26 boe/d in the state in November 2021, an increase of 0.91% from the previous month.

On a YTD basis, the company produced 1,944.82 boe/d in Texas in 2021, recording an increase of 26.3% from the same period in 2020.



Holmes Exploration witnessed the highest oil and gas production in Ochiltree county in November 2021. Out of all the counties, Ochiltree county held a share of 98.84% for the firm. The company produced 226.61 boe/d in Ochiltree county in November 2021, an increase of 0.96% in production when compared with the previous month.

On a YTD basis, the county produced 1,910.03 boe/d for the company in 2021, a 27.52% increase 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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