Australis Tms recorded a decrease of 0.35% in total oil and gas production to 1,234.3 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Australis Tms declined 34.21% in August 2021 from 1,876.13 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 16.39% from the same period in 2020.

The company’s oil production grew 0.15% to 1,096.87 bd in August 2021 from the previous month, while gas production declined by 3.61% to 0.8 mmcf/d. On a YTD basis, oil production decreased by 17.01% in 2021 when compared with the same period in 2020, while gas production declined by 10.98%. Out of the total oil and gas production in August 2021, oil production held an 88.87% share, while gas production held an 11.17% share.

Looking at the states where Australis Tms recorded the highest oil and gas production in August 2021, Mississippi figured at the top, accounting for a 100% share. The company produced 1,234.3 boe/d in the state in August 2021, a decrease of 0.35% from the previous month.

On a YTD basis, the company produced 10,535.69 boe/d in Mississippi in 2021, recording a decrease of 16.39% from the same period in 2020.

Australis Tms witnessed the highest oil and gas production in Amite county in August 2021. Out of all the counties, Amite county held a share of 92.2% for the firm. The company produced 1,137.98 boe/d in Amite county in August 2021, a decrease of 0.11% in production when compared with the previous month.

On a YTD basis, the county produced 9,792.35 boe/d for the company in 2021, a 16.93% decrease 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.