Ladd Petroleum recorded a decrease of 6.11% in total oil and gas production to 107.9 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Ladd Petroleum declined 2.05% in November 2021 from 110.16 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 46.22% from the same period in 2020.
The company’s oil production declined 27.93% to 20.13 bd in November 2021 from the previous month, while gas production up by 2% to 0.51 mmcf/d. On a YTD basis, oil production increased by 5.48% in 2021 when compared with the same period in 2020, while gas production rose by 60.29%. Out of the total oil and gas production in November 2021, oil production held an 18.66% share, while gas production held an 81.49% share.
Looking at the states where Ladd Petroleum recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 104.07 boe/d in the state in November 2021, a decrease of 3.39% from the previous month.
On a YTD basis, the company produced 1,121.11 boe/d in Texas in 2021, recording an increase of 40.17% from the same period in 2020.
Ladd Petroleum witnessed the highest oil and gas production in Pecos county in November 2021. Out of all the counties, Pecos county held a share of 95.17% for the firm. The company produced 102.69 boe/d in Pecos county in November 2021, a decrease of 3.42% in production when compared with the previous month.
On a YTD basis, the county produced 1,110.16 boe/d for the company in 2021, a 54.09% 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.