Longs Peak Resources records 0.23% increase in production in September 2021

Longs Peak Resources recorded an increase of 0.23% in total oil and gas production to 279.73 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Longs Peak Resources declined 37.65% in September 2021 from 448.65 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production decreased by 37.94% from the same period in 2020.

The company’s oil production grew 1.21% to 262.6 bd in September 2021 from the previous month, while gas production declined by 9.09% to 0.1 mmcf/d. On a YTD basis, oil production decreased by 37.49% in 2021 when compared with the same period in 2020, while gas production declined by 42.65%. Out of the total oil and gas production in September 2021, oil production held a 93.88% share, while gas production held a 6.16% share.

Looking at the states where Longs Peak Resources recorded the highest oil and gas production in September 2021, Colorado figured at the top, accounting for a 75.14% share. The company produced 159.72 boe/d in the state in September 2021, an increase of 6.47% from the previous month.

On a YTD basis, the company produced 1,514.9 boe/d in Colorado in 2021, recording a decrease of 63.77% from the same period in 2020.

Longs Peak Resources witnessed the highest oil and gas production in Weld county in September 2021. Out of all the counties, Weld county held a share of 57.1% for the firm. The company produced 159.72 boe/d in Weld county in September 2021, an increase of 6.47% in production when compared with the previous month.

On a YTD basis, the county produced 1,514.9 boe/d for the company in 2021, a 14.46% 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.