Momentum Energy recorded a decrease of 3.35% in total oil and gas production to 159.94 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Momentum Energy grew 31.57% in August 2021 from 121.56 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 3.76% from the same period in 2020.
The company’s oil production declined 3.46% to 159.45 bd in August 2021 from the previous month. On a YTD basis, oil production increased by 4.98% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in August 2021, oil production held a 99.69% share.
Looking at the states where Momentum Energy recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 159.94 boe/d in the state in August 2021, a decrease of 3.35% from the previous month.
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On a YTD basis, the company produced 1,022.47 boe/d in Texas in 2021, recording an increase of 3.76% from the same period in 2020.
Momentum Energy witnessed the highest oil and gas production in Crockett county in August 2021. Out of all the counties, Crockett county held a share of 47.72% for the firm. The company produced 76.32 boe/d in Crockett county in August 2021, a decrease of 14.51% in production when compared with the previous month.
On a YTD basis, the county produced 368.62 boe/d for the company in 2021, a 26.58% 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.