Meridian Oil recorded an increase of 18.68% in total oil and gas production to 106.66 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Meridian Oil grew 21.08% in November 2021 from 88.09 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production decreased by 16.67% from the same period in 2020.
The company’s oil production grew 13.73% to 56.83 bd in November 2021 from the previous month, while gas production up by 26.09% to 0.29 mmcf/d. On a YTD basis, oil production decreased by 18.3% in 2021 when compared with the same period in 2020, while gas production declined by 14.52%. Out of the total oil and gas production in November 2021, oil production held a 53.28% share, while gas production held a 46.88% share.
Looking at the states where Meridian Oil recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 106.66 boe/d in the state in November 2021, an increase of 18.68% from the previous month.
On a YTD basis, the company produced 952.1 boe/d in Texas in 2021, recording a decrease of 18.5% from the same period in 2020.
Meridian Oil witnessed the highest oil and gas production in Crane county in November 2021. Out of all the counties, Crane county held a share of 58.02% for the firm. The company produced 61.88 boe/d in Crane county in November 2021, an increase of 25.49% in production when compared with the previous month.
On a YTD basis, the county produced 497.89 boe/d for the company in 2021, a 25.67% decrease 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.