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Shackelford Oil recorded an increase of 12.7% in total oil and gas production to 133.72 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Shackelford Oil declined 7.8% in September 2021 from 145.04 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production decreased by 1.02% from the same period in 2020.
The company’s oil production grew 10.86% to 131.53 bd in September 2021 from the previous month, while gas production stood at 0.01 mmcf/d. On a YTD basis, oil production decreased by 1.18% in 2021 when compared with the same period in 2020, while gas production rose by 3.57%. Out of the total oil and gas production in September 2021, oil production held a 98.36% share, while gas production held a 1.29% share.
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By GlobalDataLooking at the states where Shackelford Oil recorded the highest oil and gas production in September 2021, New Mexico figured at the top, accounting for a 100% share. The company produced 133.72 boe/d in the state in September 2021, an increase of 12.7% from the previous month.
On a YTD basis, the company produced 1,092.75 boe/d in New Mexico in 2021, recording a decrease of 1.02% from the same period in 2020.
Shackelford Oil witnessed the highest oil and gas production in Lea county in September 2021. Out of all the counties, Lea county held a share of 91.74% for the firm. The company produced 122.68 boe/d in Lea county in September 2021, an increase of 3.6% in production when compared with the previous month.
On a YTD basis, the county produced 1,009.15 boe/d for the company in 2021, a 4.44% decrease 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.
