Seely Oil recorded an increase of 11.45% in total oil and gas production to 290.81 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Seely Oil grew 68.02% in November 2021 from 173.08 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 18.91% from the same period in 2020.
The company’s oil production grew 5.91% to 196.22 bd in November 2021 from the previous month, while gas production up by 25% to 0.55 mmcf/d. On a YTD basis, oil production increased by 27.79% in 2021 when compared with the same period in 2020, while gas production rose by 1.95%. Out of the total oil and gas production in November 2021, oil production held a 67.47% share, while gas production held a 32.61% share.
Looking at the states where Seely Oil recorded the highest oil and gas production in November 2021, New Mexico figured at the top, accounting for a 44.7% share. The company produced 139.76 boe/d in the state in November 2021, an increase of 7.42% from the previous month.
On a YTD basis, the company produced 1,454.22 boe/d in New Mexico in 2021, recording a decrease of 37.36% from the same period in 2020.
Seely Oil witnessed the highest oil and gas production in Lea county in November 2021. Out of all the counties, Lea county held a share of 46.16% for the firm. The company produced 134.23 boe/d in Lea county in November 2021, an increase of 4.49% in production when compared with the previous month.
On a YTD basis, the county produced 1,424.15 boe/d for the company in 2021, a 5.53% decrease from the same period in 2020.