Preston Exploration recorded a decrease of 3.55% in total oil and gas production to 270.98 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Preston Exploration grew 7.47% in September 2021 from 252.14 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 3.24% from the same period in 2020.
The company’s gas production declined by 5.03% to 1.51 mmcf/d in September 2021 from the previous month. On a YTD basis, gas production rose by 2.44% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in September 2021, gas production held a 96.07% share.
Looking at the states where Preston Exploration recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 270.98 boe/d in the state in September 2021, a decrease of 3.55% from the previous month.
On a YTD basis, the company produced 2,514.83 boe/d in Texas in 2021, recording an increase of 3.24% from the same period in 2020.
Preston Exploration witnessed the highest oil and gas production in Panola county in September 2021. Out of all the counties, Panola county held a share of 77.67% for the firm. The company produced 210.47 boe/d in Panola county in September 2021, an increase of 1.38% in production when compared with the previous month.
On a YTD basis, the county produced 1,904.59 boe/d for the company in 2021, an 8.13% 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.