Sutton Producing records 12.79% increase in production in September 2021

Sutton Producing recorded an increase of 12.79% in total oil and gas production to 141.49 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Sutton Producing declined 34.93% in September 2021 from 217.44 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production decreased by 13.62% from the same period in 2020.

The company’s oil production grew 29% to 2.58 bd in September 2021 from the previous month, while gas production up by 12.5% to 0.81 mmcf/d. On a YTD basis, oil production decreased by 39.57% in 2021 when compared with the same period in 2020, while gas production declined by 12.28%. Out of the total oil and gas production in September 2021, oil production held a 1.82% share, while gas production held a 98.7% share.

Looking at the states where Sutton Producing recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 141.49 boe/d in the state in September 2021, an increase of 12.79% from the previous month.

On a YTD basis, the company produced 1,250.43 boe/d in Texas in 2021, recording a decrease of 13.62% from the same period in 2020.

Sutton Producing witnessed the highest oil and gas production in La Salle county in September 2021. Out of all the counties, La Salle county held a share of 64.83% for the firm. The company produced 91.73 boe/d in La Salle county in September 2021, an increase of 11.7% in production when compared with the previous month.

On a YTD basis, the county produced 822.15 boe/d for the company in 2021, a 19.6% decrease 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.