Sponte Operating recorded in total oil and gas production to 5,596.16 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Sponte Operating grew 197.27% in August 2021 from 1,882.51 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 105.29% from the same period in 2020.

The company’s gas production stood at 32.46 mmcf/d. On a YTD basis, gas production rose by 105.32% 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% share.

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By GlobalData

Looking at the states where Sponte Operating recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 5,596.16 boe/d in the state in August 2021 from the previous month.

On a YTD basis, the company produced 41,167.33 boe/d in Texas in 2021, recording an increase of 105.29% from the same period in 2020.



Sponte Operating witnessed the highest oil and gas production in Panola county in August 2021. Out of all the counties, Panola county held a share of 100% for the firm.

On a YTD basis, the county produced 41,167.33 boe/d for the company in 2021, a 105.29% 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.