Phoenix Resources recorded an increase of 5.6% in total oil and gas production to 57.33 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Phoenix Resources grew 39.83% in September 2021 from 41 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production decreased by 6.97% from the same period in 2020.
The company’s oil production grew 6.95% to 53.43 bd in September 2021 from the previous month, while gas production declined by 33.33% to 0.02 mmcf/d. On a YTD basis, oil production decreased by 7.84% in 2021 when compared with the same period in 2020, while gas production rose by 4.76%. Out of the total oil and gas production in September 2021, oil production held a 93.2% share, while gas production held a 6.02% share.
Looking at the states where Phoenix Resources recorded the highest oil and gas production in September 2021, Colorado figured at the top, accounting for a 0.12% share. The company produced 57.27 boe/d in the state in September 2021, an increase of 5.61% from the previous month.
On a YTD basis, the company produced 424.2 boe/d in Colorado in 2021, recording a decrease of 7.1% from the same period in 2020.
Phoenix Resources witnessed the highest oil and gas production in WASHINGTON county in September 2021. Out of all the counties, WASHINGTON county held a share of 25.47% for the firm. The company produced 14.6 boe/d in WASHINGTON county in September 2021, an increase of 24.68% in production when compared with the previous month.
On a YTD basis, the county produced 113.24 boe/d for the company in 2021, a 44.37% 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.