North American Royalties recorded a decrease of 2.32% in total oil and gas production to 304.62 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of North American Royalties grew 13.32% in September 2021 from 268.81 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 15.04% from the same period in 2020.
The company’s oil production declined 2.38% to 254.59 bd in September 2021 from the previous month, while gas production stood at 0.29 mmcf/d. On a YTD basis, oil production increased by 11.28% in 2021 when compared with the same period in 2020, while gas production rose by 37.31%. Out of the total oil and gas production in September 2021, oil production held an 83.58% share, while gas production held a 16.41% share.
Looking at the states where North American Royalties recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 304.62 boe/d in the state in September 2021, a decrease of 2.32% from the previous month.
On a YTD basis, the company produced 2,771 boe/d in Texas in 2021, recording an increase of 15.04% from the same period in 2020.
North American Royalties witnessed the highest oil and gas production in Yoakum county in September 2021. Out of all the counties, Yoakum county held a share of 64.65% for the firm. The company produced 196.93 boe/d in Yoakum county in September 2021, a decrease of 0.21% in production when compared with the previous month.
On a YTD basis, the county produced 1,726.4 boe/d for the company in 2021, a 14.21% increase from the same period in 2020.