Michaelson Producing recorded a decrease of 5.5% in total oil and gas production to 86.84 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Michaelson Producing grew 92.55% in November 2021 from 45.1 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 70.42% from the same period in 2020.
The company’s oil production declined 5.52% to 86.61 bd in November 2021 from the previous month. On a YTD basis, oil production increased by 73.76% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in November 2021, oil production held a 99.74% share.
Looking at the states where Michaelson Producing recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 86.84 boe/d in the state in November 2021, a decrease of 5.5% from the previous month.
On a YTD basis, the company produced 753.7 boe/d in Texas in 2021, recording an increase of 70.42% from the same period in 2020.
Michaelson Producing witnessed the highest oil and gas production in Reagan county in November 2021. Out of all the counties, Reagan county held a share of 74.92% for the firm. The company produced 65.06 boe/d in Reagan county in November 2021, a decrease of 5.39% in production when compared with the previous month.
On a YTD basis, the county produced 568.42 boe/d for the company in 2021, a 54.56% 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.