BC Operating recorded a decrease of 14.15% in total oil and gas production to 1,436.47 boe/d in July 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of BC Operating declined 4.57% in July 2021 from 1,505.22 boe/d in July 2020.
On a YTD basis, the company’s total oil and gas production increased by 0.11% from the same period in 2020.
The company’s oil production declined 10.95% to 620.18 bd in July 2021 from the previous month, while gas production declined by 16.43% to 4.73 mmcf/d. On a YTD basis, oil production decreased by 9.26% in 2021 when compared with the same period in 2020, while gas production rose by 8.31%. Out of the total oil and gas production in July 2021, oil production held a 43.17% share, while gas production held a 56.77% share.
Looking at the states where BC Operating recorded the highest oil and gas production in July 2021, Texas figured at the top, accounting for a 100% share. The company produced 1,436.47 boe/d in the state in July 2021, a decrease of 14.15% from the previous month.
On a YTD basis, the company produced 11,445.64 boe/d in Texas in 2021, recording an increase of 0.11% from the same period in 2020.
BC Operating witnessed the highest oil and gas production in Ector county in July 2021. Out of all the counties, Ector county held a share of 84.79% for the firm. The company produced 1,217.99 boe/d in Ector county in July 2021, a decrease of 18.48% in production when compared with the previous month.
On a YTD basis, the county produced 10,061.48 boe/d for the company in 2021, a 3.19% 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.
More in-depth reports and analysis on all reported information are available to subscribers through GlobalData’s Oil and Gas database.
