American Quasar Petroleum recorded a decrease of 0.68% in total oil and gas production to 255.81 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of American Quasar Petroleum grew 4.75% in August 2021 from 244.2 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 5.05% from the same period in 2020.
The company’s oil production grew 3.35% to 72.11 bd in August 2021 from the previous month, while gas production declined by 1.85% to 1.06 mmcf/d. On a YTD basis, oil production increased by 27.57% in 2021 when compared with the same period in 2020, while gas production declined by 0.59%. Out of the total oil and gas production in August 2021, oil production held a 28.19% share, while gas production held a 71.44% share.
Looking at the states where American Quasar Petroleum recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 255.81 boe/d in the state in August 2021, a decrease of 0.68% from the previous month.
On a YTD basis, the company produced 1,977.19 boe/d in Texas in 2021, recording an increase of 5.05% from the same period in 2020.
American Quasar Petroleum witnessed the highest oil and gas production in Wheeler county in August 2021. Out of all the counties, Wheeler county held a share of 48.92% for the firm. The company produced 125.14 boe/d in Wheeler county in August 2021, an increase of 6.42% in production when compared with the previous month.
On a YTD basis, the county produced 965.59 boe/d for the company in 2021, a 6.43% decrease from the same period in 2020.
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.