Silverback Operating recorded an increase of 11.61% in total oil and gas production to 692.57 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Silverback Operating declined 33.19% in November 2021 from 1,036.69 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production decreased by 3.3% from the same period in 2020.
The company’s oil production grew 19.08% to 196.52 bd in November 2021 from the previous month, while gas production up by 9.09% to 2.88 mmcf/d. On a YTD basis, oil production decreased by 29.05% in 2021 when compared with the same period in 2020, while gas production rose by 13.91%. Out of the total oil and gas production in November 2021, oil production held a 28.38% share, while gas production held a 71.7% share.
Looking at the states where Silverback Operating recorded the highest oil and gas production in November 2021, New Mexico figured at the top. The company produced 692.57 boe/d in the state in November 2021, an increase of 11.61% from the previous month.
On a YTD basis, the company produced 8,779.04 boe/d in New Mexico in 2021, recording a decrease of 3.3% from the same period in 2020.
Silverback Operating witnessed the highest oil and gas production in Eddy county in November 2021. Out of all the counties, Eddy county held a share of 100% for the firm. The company produced 692.57 boe/d in Eddy county in November 2021, an increase of 11.61% in production when compared with the previous month.
On a YTD basis, the county produced 8,779.04 boe/d for the company in 2021, a 3.3% 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.