Primero Operating recorded a decrease of 4.39% in total oil and gas production to 175.25 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Primero Operating declined 19.77% in September 2021 from 218.44 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production decreased by 7.55% from the same period in 2020.
The company’s oil production declined 5.78% to 166.24 bd in September 2021 from the previous month, while gas production up by 25% to 0.05 mmcf/d. On a YTD basis, oil production decreased by 2.6% in 2021 when compared with the same period in 2020, while gas production declined by 57.14%. Out of the total oil and gas production in September 2021, oil production held a 94.86% share, while gas production held a 4.92% share.
Looking at the states where Primero Operating recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 141.1 boe/d in the state in September 2021, a decrease of 2.48% from the previous month.
On a YTD basis, the company produced 1,185.5 boe/d in Texas in 2021, recording a decrease of 26.97% from the same period in 2020.
Primero Operating witnessed the highest oil and gas production in Gaines county in September 2021. Out of all the counties, Gaines county held a share of 79.63% for the firm. The company produced 139.56 boe/d in Gaines county in September 2021, a decrease of 2.28% in production when compared with the previous month.
On a YTD basis, the county produced 1,161.82 boe/d for the company in 2021, a 4.24% increase from the same period in 2020.