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November 24, 2021

Bluefin Resources records 0.11% decrease in production in July 2021

By Carmen

Bluefin Resources recorded a decrease of 0.11% in total oil and gas production to 421.88 boe/d in July 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Bluefin Resources declined 36.64% in July 2021 from 665.84 boe/d in July 2020.

On a YTD basis, the company’s total oil and gas production decreased by 44.49% from the same period in 2020.

The company’s oil production grew 7.57% to 33.1 bd in July 2021 from the previous month, while gas production declined by 0.52% to 1.91 mmcf/d. On a YTD basis, oil production decreased by 32.84% in 2021 when compared with the same period in 2020, while gas production declined by 41.25%. Out of the total oil and gas production in July 2021, oil production held a 7.85% share, while gas production held a 78.06% share.


Looking at the states where Bluefin Resources recorded the highest oil and gas production in July 2021, Texas figured at the top, accounting for a 100% share. The company produced 421.88 boe/d in the state in July 2021, a decrease of 0.11% from the previous month.

On a YTD basis, the company produced 3,445.02 boe/d in Texas in 2021, recording a decrease of 44.49% from the same period in 2020.



Bluefin Resources witnessed the highest oil and gas production in Brooks county in July 2021. Out of all the counties, Brooks county held a share of 87.94% for the firm. The company produced 371.02 boe/d in Brooks county in July 2021, a decrease of 0.84% in production when compared with the previous month.

On a YTD basis, the county produced 3,107.6 boe/d for the company in 2021, a 45.66% 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.

More in-depth reports and analysis on all reported information are available to subscribers through GlobalData’s Oil and Gas database.

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