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January 5, 2022

TDX Energy records 8.9% increase in production in September 2021

By Carmen

TDX Energy recorded an increase of 8.9% in total oil and gas production to 549.65 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of TDX Energy grew 20.16% in September 2021 from 457.44 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production increased by 3.4% from the same period in 2020.

The company’s oil production declined 1.51% to 147.68 bd in September 2021 from the previous month, while gas production up by 13.11% to 2.33 mmcf/d. On a YTD basis, oil production increased by 41.86% in 2021 when compared with the same period in 2020, while gas production declined by 5.2%. Out of the total oil and gas production in September 2021, oil production held a 26.87% share, while gas production held a 73.09% share.

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Looking at the states where TDX Energy recorded the highest oil and gas production in September 2021, Louisiana figured at the top, accounting for a 20.04% share. The company produced 457.87 boe/d in the state in September 2021, an increase of 12.2% from the previous month.

On a YTD basis, the company produced 4,062.05 boe/d in Louisiana in 2021, recording a decrease of 12.93% from the same period in 2020.



TDX Energy witnessed the highest oil and gas production in Red River county in September 2021. Out of all the counties, Red River county held a share of 36.44% for the firm. The company produced 200.27 boe/d in Red River county in September 2021, an increase of 38.91% in production when compared with the previous month.

On a YTD basis, the county produced 1,796.75 boe/d for the company in 2021, a 6.09% 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.

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