SHD Oil & Gas recorded an increase of 28.9% in total oil and gas production to 918.79 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of SHD Oil & Gas declined 23.56% in September 2021 from 1,201.93 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 23.53% from the same period in 2020.
The company’s oil production grew 30.14% to 739.5 bd in September 2021 from the previous month, while gas production up by 23.81% to 1.04 mmcf/d. On a YTD basis, oil production increased by 20.67% in 2021 when compared with the same period in 2020, while gas production rose by 39.07%. Out of the total oil and gas production in September 2021, oil production held an 80.49% share, while gas production held a 19.52% share.
Looking at the states where SHD Oil & Gas recorded the highest oil and gas production in September 2021, North Dakota figured at the top, accounting for a 100% share. The company produced 918.79 boe/d in the state in September 2021, an increase of 28.9% from the previous month.
On a YTD basis, the company produced 8,624.73 boe/d in North Dakota in 2021, recording an increase of 23.53% from the same period in 2020.
SHD Oil & Gas witnessed the highest oil and gas production in Mclean county in September 2021. Out of all the counties, Mclean county held a share of 69.34% for the firm. The company produced 637.13 boe/d in Mclean county in September 2021, an increase of 55.17% in production when compared with the previous month.
On a YTD basis, the county produced 6,035.55 boe/d for the company in 2021, a 0.84% 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.