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March 23, 2022

Miken Oil records 10.64% decrease in production in November 2021

By Carmen

Miken Oil recorded a decrease of 10.64% in total oil and gas production to 100.74 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Miken Oil declined 1.21% in November 2021 from 101.97 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production increased by 4.6% from the same period in 2020.

The company’s oil production declined 10.64% to 100.74 bd in November 2021 from the previous month. On a YTD basis, oil production increased by 5.22% 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 100% share.


Looking at the states where Miken Oil recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 100.74 boe/d in the state in November 2021, a decrease of 10.64% from the previous month.

On a YTD basis, the company produced 1,181.52 boe/d in Texas in 2021, recording an increase of 4.6% from the same period in 2020.



Miken Oil witnessed the highest oil and gas production in Gregg county in November 2021. Out of all the counties, Gregg county held a share of 53.98% for the firm. The company produced 54.38 boe/d in Gregg county in November 2021, a decrease of 19.02% in production when compared with the previous month.

On a YTD basis, the county produced 704.39 boe/d for the company in 2021, a 0.19% 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.

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