Bluestone Natural Resources II recorded a decrease of 10.61% in total oil and gas production to 615.69 boe/d in July 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Bluestone Natural Resources II declined 14.88% in July 2021 from 723.36 boe/d in July 2020.
On a YTD basis, the company’s total oil and gas production increased by 11.21% from the same period in 2020.
The company’s oil production grew 7.13% to 78.42 bd in July 2021 from the previous month, while gas production declined by 12.64% to 3.11 mmcf/d. On a YTD basis, oil production increased by 132.35% in 2021 when compared with the same period in 2020, while gas production rose by 5.21%. Out of the total oil and gas production in July 2021, oil production held a 12.74% share, while gas production held an 87.09% share.
Looking at the states where Bluestone Natural Resources II recorded the highest oil and gas production in July 2021, Texas figured at the top, accounting for a 100% share. The company produced 615.69 boe/d in the state in July 2021, a decrease of 10.61% from the previous month.
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On a YTD basis, the company produced 5,200.4 boe/d in Texas in 2021, recording an increase of 11.21% from the same period in 2020.
Bluestone Natural Resources II witnessed the highest oil and gas production in Tarrant county in July 2021. Out of all the counties, Tarrant county held a share of 42.64% for the firm. The company produced 262.52 boe/d in Tarrant county in July 2021, a decrease of 2.05% in production when compared with the previous month.
On a YTD basis, the county produced 1,845.96 boe/d for the company in 2021, a 62.8% 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.
More in-depth reports and analysis on all reported information are available to subscribers through GlobalData’s Oil and Gas database.