Spartan Resources recorded a decrease of 21.62% in total oil and gas production to 61.23 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Spartan Resources grew 269.52% in September 2021 from 16.57 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 378.53% from the same period in 2020.
The company’s oil production declined 75.75% to 5.22 bd in September 2021 from the previous month, while gas production declined by 3.03% to 0.32 mmcf/d. On a YTD basis, oil production increased by 27.93% in 2021 when compared with the same period in 2020, while gas production. Out of the total oil and gas production in September 2021, oil production held an 8.53% share, while gas production held a 90.1% share.
Looking at the states where Spartan Resources recorded the highest oil and gas production in September 2021, Oklahoma figured at the top, accounting for a 100% share. The company produced 61.23 boe/d in the state in September 2021, a decrease of 21.62% from the previous month.
On a YTD basis, the company produced 772.92 boe/d in Oklahoma in 2021, recording an increase of 378.53% from the same period in 2020.
Spartan Resources witnessed the highest oil and gas production in Pittsburg county in September 2021. Out of all the counties, Pittsburg county held a share of 83.11% for the firm. The company produced 50.89 boe/d in Pittsburg county in September 2021, a decrease of 0.9% in production when compared with the previous month.
On a YTD basis, the county produced 439.84 boe/d for the company in 2021.
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.