Peba Oil & Gas recorded an increase of 1.62% in total oil and gas production to 531.25 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Peba Oil & Gas grew 23.92% in November 2021 from 428.72 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 34.8% from the same period in 2020.
The company’s oil production grew 1.88% to 484.02 bd in November 2021 from the previous month, while gas production stood at 0.27 mmcf/d. On a YTD basis, oil production increased by 40.67% in 2021 when compared with the same period in 2020, while gas production declined by 2.99%. Out of the total oil and gas production in November 2021, oil production held a 91.11% share, while gas production held an 8.76% share.
Looking at the states where Peba Oil & Gas recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 531.25 boe/d in the state in November 2021, an increase of 1.62% from the previous month.
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On a YTD basis, the company produced 5,276.39 boe/d in Texas in 2021, recording an increase of 34.8% from the same period in 2020.
Peba Oil & Gas witnessed the highest oil and gas production in Montague county in November 2021. Out of all the counties, Montague county held a share of 90.93% for the firm. The company produced 483.06 boe/d in Montague county in November 2021, an increase of 1.85% in production when compared with the previous month.
On a YTD basis, the county produced 4,757.08 boe/d for the company in 2021, a 41.2% 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.