L Oil recorded a decrease of 13.22% in total oil and gas production to 104 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of L Oil grew 17.45% in October 2021 from 88.55 boe/d in October 2020.
On a YTD basis, the company’s total oil and gas production increased by 28% from the same period in 2020.
The company’s oil production declined 13.77% to 99.16 bd in October 2021 from the previous month, while gas production stood at 0.03 mmcf/d. On a YTD basis, oil production increased by 25.21% in 2021 when compared with the same period in 2020, while gas production rose by 133.33%. Out of the total oil and gas production in October 2021, oil production held a 95.35% share, while gas production held a 4.97% share.
Looking at the states where L Oil recorded the highest oil and gas production in October 2021, Wyoming figured at the top, accounting for a 100% share. The company produced 104 boe/d in the state in October 2021, a decrease of 13.22% from the previous month.
On a YTD basis, the company produced 1,052.91 boe/d in Wyoming in 2021, recording an increase of 28% from the same period in 2020.
L Oil witnessed the highest oil and gas production in Campbell county in October 2021. Out of all the counties, Campbell county held a share of 69.73% for the firm. The company produced 72.52 boe/d in Campbell county in October 2021, a decrease of 4.11% in production when compared with the previous month.
On a YTD basis, the county produced 641.89 boe/d for the company in 2021, a 34.11% increase 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.