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March 31, 2022

Westport Oil & Gas records 18.64% decrease in production in November 2021

By Carmen

Westport Oil & Gas recorded a decrease of 18.64% in total oil and gas production to 33.82 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Westport Oil & Gas grew 19.55% in November 2021 from 28.29 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production increased by 5.02% from the same period in 2020.

The company’s oil production stood at 0.91 bd in November 2021, while gas production declined by 17.39% to 0.19 mmcf/d. On a YTD basis, oil production in 2021 stood at 2.57 bd, while gas production rose by 5.17%. Out of the total oil and gas production in November 2021, oil production held a 2.69% share, while gas production held a 96.87% share.


Looking at the states where Westport Oil & Gas recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 32.91 boe/d in the state in November 2021, a decrease of 20.83% from the previous month.

On a YTD basis, the company produced 320.09 boe/d in Texas in 2021, recording an increase of 4.19% from the same period in 2020.



Westport Oil & Gas witnessed the highest oil and gas production in Crockett county in November 2021. Out of all the counties, Crockett county held a share of 78.39% for the firm. The company produced 26.51 boe/d in Crockett county in November 2021, a decrease of 28.33% in production when compared with the previous month.

On a YTD basis, the county produced 293.9 boe/d for the company in 2021, a 1.78% 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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