Lamar Oil & Gas recorded an increase of 5.19% in total oil and gas production to 215.18 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Lamar Oil & Gas declined 33.54% in September 2021 from 323.78 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production decreased by 44.45% from the same period in 2020.
The company’s oil production declined 5.4% to 22.08 bd in September 2021 from the previous month, while gas production up by 5.26% to 1 mmcf/d. On a YTD basis, oil production decreased by 3.56% in 2021 when compared with the same period in 2020, while gas production declined by 46.07%. Out of the total oil and gas production in September 2021, oil production held a 10.26% share, while gas production held an 80.12% share.
Looking at the states where Lamar Oil & Gas recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for an 8.47% share. The company produced 198.38 boe/d in the state in September 2021, an increase of 5.42% from the previous month.
On a YTD basis, the company produced 1,960.43 boe/d in Texas in 2021, recording a decrease of 48.51% from the same period in 2020.
Lamar Oil & Gas witnessed the highest oil and gas production in Aransas county in September 2021. Out of all the counties, Aransas county held a share of 85.69% for the firm. The company produced 184.38 boe/d in Aransas county in September 2021, an increase of 5.25% in production when compared with the previous month.
On a YTD basis, the county produced 1,848.26 boe/d for the company in 2021, a 47.65% 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.