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March 31, 2022

North South Oil records 85.42% increase in production in November 2021

By Carmen

North South Oil recorded an increase of 85.42% in total oil and gas production to 15.13 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of North South Oil grew 304.55% in November 2021 from 3.74 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production decreased by 85.31% from the same period in 2020.

The company’s oil production grew 85.42% to 15.13 bd in November 2021 from the previous month. On a YTD basis, oil production decreased by 85.31% 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 North South Oil recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 15.13 boe/d in the state in November 2021, an increase of 85.42% from the previous month.

On a YTD basis, the company produced 60.85 boe/d in Texas in 2021, recording a decrease of 85.31% from the same period in 2020.



North South Oil witnessed the highest oil and gas production in Caldwell county in November 2021. Out of all the counties, Caldwell county held a share of 100% for the firm. The company produced 15.13 boe/d in Caldwell county in November 2021, an increase of 85.42% in production when compared with the previous month.

On a YTD basis, the county produced 60.85 boe/d for the company in 2021, an 85.31% 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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