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January 6, 2022

Western Oil & Mineral records 6.69% decrease in production in September 2021

By Carmen

Western Oil & Mineral recorded a decrease of 6.69% in total oil and gas production to 63.93 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Western Oil & Mineral declined 7.27% in September 2021 from 68.94 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production decreased by 3.18% from the same period in 2020.

The company’s oil production declined 100%, while gas production declined by 7.5% to 0.37 mmcf/d. On a YTD basis, oil production decreased by 71.17% in 2021 when compared with the same period in 2020, while gas production declined by 2.96%. Out of the total oil and gas production in September 2021, gas production held a 99.78% share.


Looking at the states where Western Oil & Mineral recorded the highest oil and gas production in September 2021, New Mexico figured at the top, accounting for a 100% share. The company produced 63.93 boe/d in the state in September 2021, a decrease of 6.69% from the previous month.

On a YTD basis, the company produced 622.75 boe/d in New Mexico in 2021, recording a decrease of 3.18% from the same period in 2020.



Western Oil & Mineral witnessed the highest oil and gas production in San Juan county in September 2021. Out of all the counties, San Juan county held a share of 84.47% for the firm. The company produced 54 boe/d in San Juan county in September 2021, a decrease of 7.61% in production when compared with the previous month.

On a YTD basis, the county produced 543.21 boe/d for the company in 2021, a 3.89% 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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