LOLA Energy PetroCo recorded an increase of 7.09% in total oil and gas production to 13,926.79 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of LOLA Energy PetroCo grew 84.36% in September 2021 from 7,553.94 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 80.43% from the same period in 2020.
The company’s oil production stood at 0.13 bd in September 2021, while gas production up by 7.49% to 78.94 mmcf/d. On a YTD basis, oil production decreased by 20.26% in 2021 when compared with the same period in 2020, while gas production rose by 86.84%. Out of the total oil and gas production in September 2021, gas production held a 97.73% share.
Looking at the states where LOLA Energy PetroCo recorded the highest oil and gas production in September 2021, Pennsylvania figured at the top, accounting for a 100% share. The company produced 13,926.79 boe/d in the state in September 2021, an increase of 7.09% from the previous month.
On a YTD basis, the company produced 131,196.07 boe/d in Pennsylvania in 2021, recording an increase of 80.43% from the same period in 2020.
LOLA Energy PetroCo witnessed the highest oil and gas production in Butler county in September 2021. Out of all the counties, Butler county held a share of 100% for the firm. The company produced 13,926.79 boe/d in Butler county in September 2021, an increase of 7.09% in production when compared with the previous month.
On a YTD basis, the county produced 131,196.07 boe/d for the company in 2021, an 80.43% increase 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.
