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Peba Oil & Gas recorded a decrease of 5.5% in total oil and gas production to 414.95 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Peba Oil & Gas grew 17.53% in September 2021 from 353.05 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 37.12% from the same period in 2020.
The company’s oil production declined 4.89% to 374.01 bd in September 2021 from the previous month, while gas production declined by 11.54% to 0.23 mmcf/d. On a YTD basis, oil production increased by 44.09% in 2021 when compared with the same period in 2020, while gas production declined by 0.85%. Out of the total oil and gas production in September 2021, oil production held a 90.13% share, while gas production held a 9.56% share.
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By GlobalDataLooking at the states where Peba Oil & Gas recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 414.95 boe/d in the state in September 2021, a decrease of 5.5% from the previous month.
On a YTD basis, the company produced 3,624.84 boe/d in Texas in 2021, recording an increase of 37.12% from the same period in 2020.
Peba Oil & Gas witnessed the highest oil and gas production in Montague county in September 2021. Out of all the counties, Montague county held a share of 88.63% for the firm. The company produced 367.76 boe/d in Montague county in September 2021, a decrease of 4.62% in production when compared with the previous month.
On a YTD basis, the county produced 3,172.84 boe/d for the company in 2021, a 45.77% 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.
