Seguro Oil & Gas recorded a decrease of 6.02% in total oil and gas production to 78.96 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Seguro Oil & Gas grew 43.9% in August 2021 from 54.87 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 29.47% from the same period in 2020.
The company’s oil production declined 7.34% to 77.37 bd in August 2021 from the previous month, while gas production stood at 0.01 mmcf/d. On a YTD basis, oil production increased by 35.23% in 2021 when compared with the same period in 2020, while gas production declined by 78.57%. Out of the total oil and gas production in August 2021, oil production held a 97.99% share, while gas production held a 2.18% share.
Looking at the states where Seguro Oil & Gas recorded the highest oil and gas production in August 2021, New Mexico figured at the top, accounting for a 25.67% share. The company produced 62.84 boe/d in the state in August 2021, a decrease of 8.97% from the previous month.
On a YTD basis, the company produced 531.62 boe/d in New Mexico in 2021, recording an increase of 11.92% from the same period in 2020.
Seguro Oil & Gas witnessed the highest oil and gas production in Lea county in August 2021. Out of all the counties, Lea county held a share of 41.22% for the firm. The company produced 32.55 boe/d in Lea county in August 2021, a decrease of 7.08% in production when compared with the previous month.
On a YTD basis, the county produced 344.55 boe/d for the company in 2021, a 120.81% increase 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.