Laredo Energy Operating recorded a decrease of 0.75% in total oil and gas production to 24,531.81 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Laredo Energy Operating grew 120.57% in September 2021 from 11,122.07 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 49.28% from the same period in 2020.
The company’s oil production grew 6.64% to 13.17 bd in September 2021 from the previous month, while gas production declined by 0.75% to 142.1 mmcf/d. On a YTD basis, oil production decreased by 14.36% in 2021 when compared with the same period in 2020, while gas production rose by 49.52%. Out of the total oil and gas production in September 2021, oil production held a 0.05% share, while gas production held a 99.87% share.
Looking at the states where Laredo Energy Operating recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 24,531.81 boe/d in the state in September 2021, a decrease of 0.75% from the previous month.
On a YTD basis, the company produced 187,373.08 boe/d in Texas in 2021, recording an increase of 49.28% from the same period in 2020.
Laredo Energy Operating witnessed the highest oil and gas production in Webb county in September 2021. Out of all the counties, Webb county held a share of 99.93% for the firm. The company produced 24,513.48 boe/d in Webb county in September 2021, a decrease of 0.76% in production when compared with the previous month.
On a YTD basis, the county produced 187,203.2 boe/d for the company in 2021, a 49.36% 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.