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Arch Oil & Gas recorded a decrease of 8.13% in total oil and gas production to 183.01 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Arch Oil & Gas grew 110.5% in August 2021 from 86.94 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 210.37% from the same period in 2020.

The company’s oil production declined 21.21% to 62.24 bd in August 2021 from the previous month, while gas production stood at 0.7 mmcf/d. On a YTD basis, oil production increased by 32.35% in 2021 when compared with the same period in 2020, while gas production rose by 1906.45%. Out of the total oil and gas production in August 2021, oil production held a 34.01% share, while gas production held a 65.95% share.

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Looking at the states where Arch Oil & Gas recorded the highest oil and gas production in August 2021, Oklahoma figured at the top, accounting for a 47.78% share. The company produced 123.85 boe/d in the state in August 2021, an increase of 0.23% from the previous month.

On a YTD basis, the company produced 1,120.07 boe/d in Oklahoma in 2021, recording an increase of 99.21% from the same period in 2020.



Arch Oil & Gas witnessed the highest oil and gas production in Stephens county in August 2021. Out of all the counties, Stephens county held a share of 67.67% for the firm. The company produced 123.85 boe/d in Stephens county in August 2021, an increase of 0.23% in production when compared with the previous month.

On a YTD basis, the county produced 1,120.07 boe/d for the company in 2021, a 995.64% 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.