Southbound Gas recorded a decrease of 8.65% in total oil and gas production to 128.8 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Southbound Gas grew 86.86% in August 2021 from 68.93 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 44.86% from the same period in 2020.

The company’s gas production declined by 8.54% to 0.75 mmcf/d in August 2021 from the previous month. On a YTD basis, gas production rose by 44.6% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in August 2021, gas production held a 100.4% share.

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Looking at the states where Southbound Gas recorded the highest oil and gas production in August 2021, New Mexico figured at the top, accounting for a 100% share. The company produced 128.8 boe/d in the state in August 2021, a decrease of 8.65% from the previous month.

On a YTD basis, the company produced 1,040.49 boe/d in New Mexico in 2021, recording an increase of 44.86% from the same period in 2020.



Southbound Gas witnessed the highest oil and gas production in Roosevelt county in August 2021. Out of all the counties, Roosevelt county held a share of 100% for the firm. The company produced 128.8 boe/d in Roosevelt county in August 2021, a decrease of 8.65% in production when compared with the previous month.

On a YTD basis, the county produced 1,040.49 boe/d for the company in 2021, a 44.86% 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.