Premier Oil & Gas recorded an increase of 18.35% in total oil and gas production to 1,090.56 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Premier Oil & Gas grew 81.68% in November 2021 from 600.26 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 83.15% from the same period in 2020.
The company’s oil production grew 25.51% to 628.17 bd in November 2021 from the previous month, while gas production up by 9.84% to 2.68 mmcf/d. On a YTD basis, oil production increased by 187.44% in 2021 when compared with the same period in 2020, while gas production rose by 11.97%. Out of the total oil and gas production in November 2021, oil production held a 57.6% share, while gas production held a 42.37% share.
Looking at the states where Premier Oil & Gas recorded the highest oil and gas production in November 2021, New Mexico figured at the top, accounting for a 100% share. The company produced 1,090.56 boe/d in the state in November 2021, an increase of 18.35% from the previous month.
On a YTD basis, the company produced 12,249.44 boe/d in New Mexico in 2021, recording an increase of 83.15% from the same period in 2020.
Premier Oil & Gas witnessed the highest oil and gas production in Eddy county in November 2021. Out of all the counties, Eddy county held a share of 99.92% for the firm. The company produced 1,089.72 boe/d in Eddy county in November 2021, an increase of 18.36% in production when compared with the previous month.
On a YTD basis, the county produced 12,239.28 boe/d for the company in 2021, an 83.28% 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.