RME Austin Chalk recorded a decrease of 1.85% in total oil and gas production to 99.38 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of RME Austin Chalk grew 159% in September 2021 from 38.37 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production increased by 80.57% from the same period in 2020.

The company’s oil production declined 29.43% to 11.2 bd in September 2021 from the previous month, while gas production up by 4.08% to 0.51 mmcf/d. On a YTD basis, oil production increased by 14.59% in 2021 when compared with the same period in 2020, while gas production rose by 103.47%. Out of the total oil and gas production in September 2021, oil production held an 11.27% share, while gas production held an 88.48% share.

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Looking at the states where RME Austin Chalk recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 99.38 boe/d in the state in September 2021, a decrease of 1.85% from the previous month.

On a YTD basis, the company produced 844.2 boe/d in Texas in 2021, recording an increase of 80.57% from the same period in 2020.



RME Austin Chalk witnessed the highest oil and gas production in Lee county in September 2021. Out of all the counties, Lee county held a share of 92.24% for the firm. The company produced 91.67 boe/d in Lee county in September 2021, a decrease of 1.36% in production when compared with the previous month.

On a YTD basis, the county produced 770.02 boe/d for the company in 2021, an 113.33% 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.