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November 29, 2021updated 30 Nov 2021 2:51pm

4 Sight Operating records 36.71% decrease in production in August 2021

By Carmen

4 Sight Operating recorded a decrease of 36.71% in total oil and gas production to 1 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of 4 Sight Operating in August 2021 in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 246.43% from the same period in 2020.

The company’s oil production declined 36.71% to 1 bd in August 2021 from the previous month. On a YTD basis, oil production increased by 246.43% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in August 2021, oil production held a 100% share.


Looking at the states where 4 Sight Operating recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 1 boe/d in the state in August 2021, a decrease of 36.71% from the previous month.

On a YTD basis, the company produced 13.58 boe/d in Texas in 2021, recording an increase of 246.43% from the same period in 2020.



4 Sight Operating witnessed the highest oil and gas production in Wood county in August 2021. Out of all the counties, Wood county held a share of 100% for the firm. The company produced 1 boe/d in Wood county in August 2021, a decrease of 36.71% in production when compared with the previous month.

On a YTD basis, the county produced 13.58 boe/d for the company in 2021, a 246.43% 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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