Australis Tms recorded an increase of 37.6% in total oil and gas production to 1,697.05 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Australis Tms declined 32.34% in July 2020 from 2,508.1 boe/d in July 2019.

On a YTD basis, the company’s total oil and gas production decreased by 43.13% from the same period in 2019.

The company’s oil production grew 36.28% to 1,547.06 bd in July 2020 from the previous month, while gas production up by 52.63% to 0.87 mmcf/d. On a YTD basis, oil production decreased by 44.44% in 2020 when compared with the same period in 2019, while gas production declined by 27.01%. Out of the total oil and gas production in July 2020, oil production held a 91.16% share, while gas production held an 8.84% share.


Looking at the states where Australis Tms recorded the highest oil and gas production in July 2020, Mississippi figured at the top, accounting for a 100% share. The company produced 1,697.05 boe/d in the state in July 2020, an increase of 37.6% from the previous month.

On a YTD basis, the company produced 10,510.86 boe/d in Mississippi in 2020, recording a decrease of 43.13% from the same period in 2019.



Australis Tms witnessed the highest oil and gas production in Amite county in July 2020. Out of all the counties, Amite county held a share of 92.94% for the firm. The company produced 1,577.29 boe/d in Amite county in July 2020, an increase of 46.21% in production when compared with the previous month.

On a YTD basis, the county produced 9,761.67 boe/d for the company in 2020, a 44.4% decrease from the same period in 2019.



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.