Schlumberger Technology recorded a decrease of 5.13% in total oil and gas production to 97.29 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Schlumberger Technology declined 11.05% in November 2021 from 109.37 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production decreased by 3.34% from the same period in 2020.
The company’s oil production declined 10.06% to 54.63 bd in November 2021 from the previous month, while gas production up by 4.17% to 0.25 mmcf/d. On a YTD basis, oil production increased by 9.03% in 2021 when compared with the same period in 2020, while gas production declined by 17.36%. Out of the total oil and gas production in November 2021, oil production held a 56.15% share, while gas production held a 44.3% share.
Looking at the states where Schlumberger Technology recorded the highest oil and gas production in November 2021, New Mexico figured at the top. The company produced 97.29 boe/d in the state in November 2021, a decrease of 5.13% from the previous month.
On a YTD basis, the company produced 1,110.62 boe/d in New Mexico in 2021, recording a decrease of 3.34% from the same period in 2020.
Schlumberger Technology witnessed the highest oil and gas production in Lea county in November 2021. Out of all the counties, Lea county held a share of 91.85% for the firm. The company produced 89.36 boe/d in Lea county in November 2021, a decrease of 5.01% in production when compared with the previous month.
On a YTD basis, the county produced 1,006.41 boe/d for the company in 2021, a 5.43% 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.