Lilis Energy recorded an increase of 15.69% in total oil and gas production to 452.27 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Lilis Energy declined 94.05% in August 2021 from 7,603.25 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 96.17% from the same period in 2020.
The company’s oil production declined 9.16% to 299.14 bd in August 2021 from the previous month, while gas production up by 48.48% to 0.49 mmcf/d. On a YTD basis, oil production decreased by 69.59% in 2021 when compared with the same period in 2020, while gas production declined by 98.76%. Out of the total oil and gas production in August 2021, oil production held a 66.14% share, while gas production held an 18.68% share.
Looking at the states where Lilis Energy recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 452.27 boe/d in the state in August 2021, an increase of 15.69% from the previous month.
On a YTD basis, the company produced 2,192.66 boe/d in Texas in 2021, recording a decrease of 96.17% from the same period in 2020.
Lilis Energy witnessed the highest oil and gas production in Winkler county in August 2021. Out of all the counties, Winkler county held a share of 81.44% for the firm. The company produced 368.31 boe/d in Winkler county in August 2021, an increase of 16.49% in production when compared with the previous month.
On a YTD basis, the county produced 1,537.28 boe/d for the company in 2021, a 97.28% decrease from the same period in 2020.
Methodology
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.