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  1. Market Data
March 31, 2022

Total records 12.34% increase in production in November 2021

By Carmen

Total recorded an increase of 12.34% in total oil and gas production to 50.99 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Total declined 27.56% in November 2021 from 70.39 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production decreased by 25.44% from the same period in 2020.

The company’s oil production grew 11.36% to 26.38 bd in November 2021 from the previous month, while gas production stood at 0.05 mmcf/d. On a YTD basis, oil production increased by 41.45% in 2021 when compared with the same period in 2020, while gas production declined by 61.89%. Out of the total oil and gas production in November 2021, oil production held a 51.74% share, while gas production held a 16.91% share.


Looking at the states where Total recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 50.99 boe/d in the state in November 2021, an increase of 12.34% from the previous month.

On a YTD basis, the company produced 592.23 boe/d in Texas in 2021, recording a decrease of 25.44% from the same period in 2020.



Total witnessed the highest oil and gas production in Starr county in November 2021. Out of all the counties, Starr county held a share of 35.2% for the firm. The company produced 17.95 boe/d in Starr county in November 2021, an increase of 16.48% in production when compared with the previous month.

On a YTD basis, the county produced 232.42 boe/d for the company in 2021, a 53.41% 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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