BKV Operating records 1.12% decrease in production in September 2021

BKV Operating recorded a decrease of 1.12% in total oil and gas production to 27,062.92 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of BKV Operating declined 10.13% in September 2021 from 30,114.89 boe/d in September 2020.

On a YTD basis, the company’s total oil and gas production decreased by 12.26% from the same period in 2020.

The company’s gas production declined by 1.13% to 156.96 mmcf/d in September 2021 from the previous month. On a YTD basis, gas production declined by 12.26% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in September 2021, gas production held a 99.99% share.

Looking at the states where BKV Operating recorded the highest oil and gas production in September 2021, Pennsylvania figured at the top, accounting for a 100% share. The company produced 27,062.92 boe/d in the state in September 2021, a decrease of 1.12% from the previous month.

On a YTD basis, the company produced 263,206.01 boe/d in Pennsylvania in 2021, recording a decrease of 12.26% from the same period in 2020.

BKV Operating witnessed the highest oil and gas production in Wyoming county in September 2021. Out of all the counties, Wyoming county held a share of 68.17% for the firm. The company produced 18,450.13 boe/d in Wyoming county in September 2021, a decrease of 2.41% in production when compared with the previous month.

On a YTD basis, the county produced 181,085.74 boe/d for the company in 2021, an 8.3% 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.