Stallion Energy records 14.45% increase in production in August 2021

Stallion Energy recorded an increase of 14.45% in total oil and gas production to 286.14 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Stallion Energy grew 21.59% in August 2021 from 235.34 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 8.69% from the same period in 2020.

The company’s oil production grew 3.29% to 17.88 bd in August 2021 from the previous month, while gas production up by 16.26% to 1.43 mmcf/d. On a YTD basis, oil production decreased by 4.75% in 2021 when compared with the same period in 2020, while gas production declined by 8.87%. Out of the total oil and gas production in August 2021, oil production held a 6.25% share, while gas production held an 86.16% share.

Looking at the states where Stallion Energy recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 286.14 boe/d in the state in August 2021, an increase of 14.45% from the previous month.

On a YTD basis, the company produced 1,945.94 boe/d in Texas in 2021, recording a decrease of 8.69% from the same period in 2020.

Stallion Energy witnessed the highest oil and gas production in Hutchinson county in August 2021. Out of all the counties, Hutchinson county held a share of 42.31% for the firm. The company produced 121.06 boe/d in Hutchinson county in August 2021, an increase of 9.16% in production when compared with the previous month.

On a YTD basis, the county produced 999.23 boe/d for the company in 2021, a 12.29% 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.