Laguna Petroleum recorded an increase of 6.97% in total oil and gas production to 165.07 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Laguna Petroleum grew 18.75% in September 2021 from 139.01 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 27.46% from the same period in 2020.
The company’s oil production grew 7.94% to 159.54 bd in September 2021 from the previous month, while gas production declined by 25% to 0.03 mmcf/d. On a YTD basis, oil production increased by 27.15% in 2021 when compared with the same period in 2020, while gas production rose by 36.36%. Out of the total oil and gas production in September 2021, oil production held a 96.65% share, while gas production held a 3.13% share.
Looking at the states where Laguna Petroleum recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 165.07 boe/d in the state in September 2021, an increase of 6.97% from the previous month.
On a YTD basis, the company produced 1,510.43 boe/d in Texas in 2021, recording an increase of 27.46% from the same period in 2020.
Laguna Petroleum witnessed the highest oil and gas production in Ector county in September 2021. Out of all the counties, Ector county held a share of 94.46% for the firm. The company produced 155.92 boe/d in Ector county in September 2021, an increase of 2.17% in production when compared with the previous month.
On a YTD basis, the county produced 1,446 boe/d for the company in 2021, a 27.71% 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.