Textron Southwest recorded an increase of 6.11% in total oil and gas production to 370.97 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Textron Southwest declined 12.39% in September 2021 from 423.42 boe/d in September 2020.
On a YTD basis, the company’s total oil and gas production decreased by 17.48% from the same period in 2020.
The company’s oil production grew 117.95% to 18.7 bd in September 2021 from the previous month, while gas production up by 3.55% to 2.04 mmcf/d. On a YTD basis, oil production decreased by 22.49% in 2021 when compared with the same period in 2020, while gas production declined by 17.23%. Out of the total oil and gas production in September 2021, oil production held a 5.04% share, while gas production held a 94.81% share.
Looking at the states where Textron Southwest recorded the highest oil and gas production in September 2021, Texas figured at the top, accounting for a 100% share. The company produced 370.97 boe/d in the state in September 2021, an increase of 6.11% from the previous month.
On a YTD basis, the company produced 3,323.95 boe/d in Texas in 2021, recording a decrease of 17.48% from the same period in 2020.
Textron Southwest witnessed the highest oil and gas production in Shelby county in September 2021. Out of all the counties, Shelby county held a share of 93.84% for the firm. The company produced 348.13 boe/d in Shelby county in September 2021, an increase of 2.52% in production when compared with the previous month.
On a YTD basis, the county produced 3,131.64 boe/d for the company in 2021, a 17.06% decrease from the same period in 2020.