Argali Exploration recorded an increase of 4.34% in total oil and gas production to 66.16 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Argali Exploration declined 5.3% in August 2021 from 69.86 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 7.19% from the same period in 2020.
The company’s oil production stood at 1.83 bd in August 2021, while gas production up by 2.78% to 0.37 mmcf/d. On a YTD basis, oil production increased by 33.54% in 2021 when compared with the same period in 2020, while gas production rose by 6.57%. Out of the total oil and gas production in August 2021, oil production held a 2.77% share, while gas production held a 96.42% share.
Looking at the states where Argali Exploration recorded the highest oil and gas production in August 2021, Colorado figured at the top, accounting for a 100% share. The company produced 66.16 boe/d in the state in August 2021, an increase of 4.34% from the previous month.
On a YTD basis, the company produced 546.52 boe/d in Colorado in 2021, recording an increase of 7.19% from the same period in 2020.
Argali Exploration witnessed the highest oil and gas production in Moffat county in August 2021. Out of all the counties, Moffat county held a share of 66.67% for the firm. The company produced 44.11 boe/d in Moffat county in August 2021, an increase of 4.67% in production when compared with the previous month.
On a YTD basis, the county produced 365.18 boe/d for the company in 2021, an 8.2% increase 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.