Bridge Oil recorded an increase of 11.85% in total oil and gas production to 78.82 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Bridge Oil declined 4.69% in August 2021 from 82.7 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 22.9% from the same period in 2020.

The company’s oil production grew 1.26% to 44.06 bd in August 2021 from the previous month, while gas production up by 25% to 0.2 mmcf/d. On a YTD basis, oil production decreased by 27.79% in 2021 when compared with the same period in 2020, while gas production declined by 19.18%. Out of the total oil and gas production in August 2021, oil production held a 55.9% share, while gas production held a 43.75% share.


Looking at the states where Bridge Oil recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 78.82 boe/d in the state in August 2021, an increase of 11.85% from the previous month.

On a YTD basis, the company produced 481.57 boe/d in Texas in 2021, recording a decrease of 29.57% from the same period in 2020.



Bridge Oil witnessed the highest oil and gas production in Dawson county in August 2021. Out of all the counties, Dawson county held a share of 38.99% for the firm. The company produced 30.73 boe/d in Dawson county in August 2021, a decrease of 4.65% in production when compared with the previous month.

On a YTD basis, the county produced 134.32 boe/d for the company in 2021, a 7.87% 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.

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.