Summit Petroleum recorded an increase of 3.39% in total oil and gas production to 37,605.74 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Summit Petroleum grew 82.35% in September 2021 from 20,622.92 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production increased by 102.15% from the same period in 2020.
The company’s oil production grew 1.61% to 25,627.37 bd in September 2021 from the previous month, while gas production up by 7.42% to 69.45 mmcf/d. On a YTD basis, oil production increased by 119.33% in 2021 when compared with the same period in 2020, while gas production rose by 72.2%. Out of the total oil and gas production in September 2021, oil production held a 68.15% share, while gas production held a 31.84% share.
Looking at the states where Summit Petroleum recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 36,817.15 boe/d in the state in September 2021, an increase of 3.43% from the previous month.
On a YTD basis, the company produced 296,428.35 boe/d in Texas in 2021, recording an increase of 97.41% from the same period in 2020.
Summit Petroleum witnessed the highest oil and gas production in Upton county in September 2021. Out of all the counties, Upton county held a share of 67.21% for the firm. The company produced 25,276.2 boe/d in Upton county in September 2021, an increase of 10.61% in production when compared with the previous month.
On a YTD basis, the county produced 164,962.29 boe/d for the company in 2021, a 120.91% increase from the same period in 2020.
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.