Beach Exploration recorded a decrease of 8.81% in total oil and gas production to 210.24 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Beach Exploration declined 31.3% in October 2021 from 306.03 boe/d in October 2020.
On a YTD basis, the company’s total oil and gas production increased by 10.08% from the same period in 2020.
The company’s oil production declined 3.64% to 202.23 bd in October 2021 from the previous month, while gas production declined by 66.67% to 0.04 mmcf/d. On a YTD basis, oil production increased by 12.02% in 2021 when compared with the same period in 2020, while gas production declined by 4.1%. Out of the total oil and gas production in October 2021, oil production held a 96.19% share, while gas production held a 3.28% share.
Looking at the states where Beach Exploration recorded the highest oil and gas production in October 2021, Texas figured at the top, accounting for a 100% share. The company produced 210.24 boe/d in the state in October 2021, an increase of 15.38% from the previous month.
On a YTD basis, the company produced 1,840.42 boe/d in Texas in 2021, recording a decrease of 12.19% from the same period in 2020.
Beach Exploration witnessed the highest oil and gas production in Dawson county in October 2021. Out of all the counties, Dawson county held a share of 42.5% for the firm. The company produced 89.36 boe/d in Dawson county in October 2021, an increase of 105.52% in production when compared with the previous month.
On a YTD basis, the county produced 632.03 boe/d for the company in 2021, a 43.89% 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.