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January 5, 2022

Terzan Energy records 4.05% increase in production in September 2021

By Carmen

Terzan Energy recorded an increase of 4.05% in total oil and gas production to 560.33 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Terzan Energy grew 3180.62% in September 2021 from 17.08 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production increased by 1230.09% from the same period in 2020.

The company’s oil production grew 13.65% to 56.55 bd in September 2021 from the previous month, while gas production up by 3.18% to 2.92 mmcf/d. On a YTD basis, oil production increased by 44.6% in 2021 when compared with the same period in 2020, while gas production. Out of the total oil and gas production in September 2021, oil production held a 10.09% share, while gas production held an 89.85% share.


Looking at the states where Terzan Energy recorded the highest oil and gas production in September 2021, Oklahoma figured at the top, accounting for a 100% share. The company produced 560.33 boe/d in the state in September 2021, an increase of 4.05% from the previous month.

On a YTD basis, the company produced 4,286.63 boe/d in Oklahoma in 2021, recording an increase of 1230.09% from the same period in 2020.



Terzan Energy witnessed the highest oil and gas production in Lincoln county in September 2021. Out of all the counties, Lincoln county held a share of 97.85% for the firm. The company produced 548.31 boe/d in Lincoln county in September 2021, an increase of 4.11% in production when compared with the previous month.

On a YTD basis, the county produced 4,169.53 boe/d for the company in 2021, a 1601.02% 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.

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