Milestone Operating recorded a decrease of 10.4% in total oil and gas production to 123.43 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Milestone Operating declined 12.65% in November 2021 from 141.31 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 17.86% from the same period in 2020.
The company’s oil production declined 11.35% to 100.6 bd in November 2021 from the previous month, while gas production declined by 7.14% to 0.13 mmcf/d. On a YTD basis, oil production increased by 29.79% 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 an 81.5% share, while gas production held an 18.16% share.
Looking at the states where Milestone Operating recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 123.43 boe/d in the state in November 2021, a decrease of 10.4% from the previous month.
On a YTD basis, the company produced 1,443.9 boe/d in Texas in 2021, recording an increase of 17.86% from the same period in 2020.
Milestone Operating witnessed the highest oil and gas production in Jefferson county in November 2021. Out of all the counties, Jefferson county held a share of 60.93% for the firm. The company produced 75.21 boe/d in Jefferson county in November 2021, a decrease of 16.45% in production when compared with the previous month.
On a YTD basis, the county produced 988.7 boe/d for the company in 2021, a 21.01% increase 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.