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January 5, 2022

Smith Energy Operating records 16.62% increase in production in September 2021

By Carmen

Smith Energy Operating recorded an increase of 16.62% in total oil and gas production to 447.41 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Smith Energy Operating grew 20.56% in September 2021 from 371.1 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production increased by 23.73% from the same period in 2020.

The company’s oil production grew 18.06% to 410.9 bd in September 2021 from the previous month, while gas production stood at 0.21 mmcf/d. On a YTD basis, oil production increased by 21.92% in 2021 when compared with the same period in 2020, while gas production rose by 46.56%. Out of the total oil and gas production in September 2021, oil production held a 91.84% share, while gas production held an 8.09% share.


Looking at the states where Smith Energy Operating recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 447.41 boe/d in the state in September 2021, an increase of 16.62% from the previous month.

On a YTD basis, the company produced 3,731.06 boe/d in Texas in 2021, recording an increase of 23.73% from the same period in 2020.



Smith Energy Operating witnessed the highest oil and gas production in Garza county in September 2021. Out of all the counties, Garza county held a share of 39.57% for the firm. The company produced 177.04 boe/d in Garza county in September 2021, an increase of 1.51% in production when compared with the previous month.

On a YTD basis, the county produced 1,702.82 boe/d for the company in 2021, a 62.65% 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.

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