Rme Petroleum recorded a decrease of 19.24% in total oil and gas production to 202.63 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of RME Petroleum declined 12.08% in November 2021 from 230.46 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production decreased by 9.82% from the same period in 2020.
The company’s oil production declined 21.92% to 60.96 bd in November 2021 from the previous month, while gas production declined by 19.59% to 0.78 mmcf/d. On a YTD basis, oil production decreased by 16.41% in 2021 when compared with the same period in 2020, while gas production declined by 7.92%. Out of the total oil and gas production in November 2021, oil production held a 30.08% share, while gas production held a 66.37% share.
Looking at the states where RME Petroleum recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 180.33 boe/d in the state in November 2021, a decrease of 20.42% from the previous month.
On a YTD basis, the company produced 2,341.24 boe/d in Texas in 2021, recording a decrease of 18.17% from the same period in 2020.
RME Petroleum witnessed the highest oil and gas production in Burleson county in November 2021. Out of all the counties, Burleson county held a share of 21.46% for the firm. The company produced 43.48 boe/d in Burleson county in November 2021, a decrease of 1.76% in production when compared with the previous month.
On a YTD basis, the county produced 511.6 boe/d for the company in 2021, a 30.44% decrease 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.