Oryx Energy records 7.64% increase in production in August 2021

Oryx Energy recorded an increase of 7.64% in total oil and gas production to 2,235.42 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Oryx Energy grew 26.28% in August 2021 from 1,770.27 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 9.3% from the same period in 2020.

The company’s oil production grew 3.15% to 1,543.95 bd in August 2021 from the previous month, while gas production up by 21% to 3.86 mmcf/d. On a YTD basis, oil production increased by 19.82% in 2021 when compared with the same period in 2020, while gas production declined by 9.79%. Out of the total oil and gas production in August 2021, oil production held a 69.07% share, while gas production held a 29.77% share.

Looking at the states where Oryx Energy recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 2,232.63 boe/d in the state in August 2021, an increase of 10.5% from the previous month.

On a YTD basis, the company produced 16,039.7 boe/d in Texas in 2021, recording an increase of 6.73% from the same period in 2020.

Oryx Energy witnessed the highest oil and gas production in Chambers county in August 2021. Out of all the counties, Chambers county held a share of 22.49% for the firm. The company produced 502.73 boe/d in Chambers county in August 2021, an increase of 13.5% in production when compared with the previous month.

On a YTD basis, the county produced 3,771.6 boe/d for the company in 2021, a 52.98% 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.