ORX Resources recorded an increase of 14.26% in total oil and gas production to 2,554.21 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of ORX Resources grew 58.28% in November 2021 from 1,613.73 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 69.09% from the same period in 2020.
The company’s oil production grew 34.37% to 534.3 bd in November 2021 from the previous month, while gas production up by 9.94% to 11.72 mmcf/d. On a YTD basis, oil production increased by 259.56% in 2021 when compared with the same period in 2020, while gas production rose by 52.45%. Out of the total oil and gas production in November 2021, oil production held a 20.92% share, while gas production held a 79.11% share.
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By GlobalDataLooking at the states where ORX Resources recorded the highest oil and gas production in November 2021, Louisiana figured at the top, accounting for a 100% share. The company produced 2,554.21 boe/d in the state in November 2021, an increase of 14.26% from the previous month.
On a YTD basis, the company produced 26,127.47 boe/d in Louisiana in 2021, recording an increase of 69.09% from the same period in 2020.
ORX Resources witnessed the highest oil and gas production in Pointe Coupee county in November 2021. Out of all the counties, Pointe Coupee county held a share of 66.51% for the firm. The company produced 1,698.83 boe/d in Pointe Coupee county in November 2021, an increase of 3.85% in production when compared with the previous month.
On a YTD basis, the county produced 18,918.96 boe/d for the company in 2021, a 50.19% increase 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.