Yantai Xhao Industry recorded an increase of 0.08% in total oil and gas production to 77,223.91 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Yantai Xhao Industry declined 1.35% in November 2021 from 78,277.4 boe/d in November 2020.
On a YTD basis, the company’s total oil and gas production increased by 1.81% from the same period in 2020.
The company’s oil production stood at 53,313.14 bd in November 2021, while gas production up by 0.23% to 138.68 mmcf/d. On a YTD basis, oil production decreased by 6.08% in 2021 when compared with the same period in 2020, while gas production rose by 27.31%. Out of the total oil and gas production in November 2021, oil production held a 69.04% share, while gas production held a 30.96% share.
Looking at the states where Yantai Xhao Industry recorded the highest oil and gas production in November 2021, Texas figured at the top, accounting for a 100% share. The company produced 77,223.91 boe/d in the state in November 2021, an increase of 0.08% from the previous month.
On a YTD basis, the company produced 8,54,067.96 boe/d in Texas in 2021, recording an increase of 1.81% from the same period in 2020.
Yantai Xhao Industry witnessed the highest oil and gas production in Howard county in November 2021. Out of all the counties, Howard county held a share of 80.31% for the firm. The company produced 62,017 boe/d in Howard county in November 2021, a decrease of 1.13% in production when compared with the previous month.
On a YTD basis, the county produced 7,00,114.69 boe/d for the company in 2021, a 6.3% increase from the same period in 2020.