S & G Oil recorded a decrease of 6.23% in total oil and gas production to 152.76 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of S & G Oil grew 83.34% in August 2021 from 83.32 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 44.8% from the same period in 2020.
The company’s oil production declined 9.92% to 125.89 bd in August 2021 from the previous month, while gas production up by 15.38% to 0.15 mmcf/d. On a YTD basis, oil production increased by 66.15% in 2021 when compared with the same period in 2020, while gas production declined by 10.4%. Out of the total oil and gas production in August 2021, oil production held an 82.41% share, while gas production held a 16.93% share.
Looking at the states where S & G Oil recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 152.76 boe/d in the state in August 2021, a decrease of 6.23% from the previous month.
On a YTD basis, the company produced 1,092.12 boe/d in Texas in 2021, recording an increase of 44.8% from the same period in 2020.
S & G Oil witnessed the highest oil and gas production in Wichita county in August 2021. Out of all the counties, Wichita county held a share of 79.62% for the firm. The company produced 121.63 boe/d in Wichita county in August 2021, a decrease of 4.02% in production when compared with the previous month.
On a YTD basis, the county produced 853.85 boe/d for the company in 2021, a 64.94% 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.