Machin Art & Associates recorded a decrease of 0.09% in total oil and gas production to 81.94 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Machin Art & Associates declined 28.58% in September 2021 from 114.73 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production decreased by 26.69% from the same period in 2020.

The company’s oil production grew 13.77% to 11.4 bd in September 2021 from the previous month, while gas production declined by 2.44% to 0.4 mmcf/d. On a YTD basis, oil production increased by 353.56% in 2021 when compared with the same period in 2020, while gas production declined by 31.33%. Out of the total oil and gas production in September 2021, oil production held a 13.91% share, while gas production held an 84.16% share.


Looking at the states where Machin Art & Associates recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 81.94 boe/d in the state in September 2021, a decrease of 0.09% from the previous month.

On a YTD basis, the company produced 751.64 boe/d in Texas in 2021, recording a decrease of 26.69% from the same period in 2020.

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By GlobalData


Machin Art & Associates witnessed the highest oil and gas production in Gregg county in September 2021. Out of all the counties, Gregg county held a share of 81.44% for the firm. The company produced 66.73 boe/d in Gregg county in September 2021, a decrease of 4.74% in production when compared with the previous month.

On a YTD basis, the county produced 665.9 boe/d for the company in 2021, an 11.25% 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.