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Bullet Development recorded an increase of 3.49% in total oil and gas production to 99.21 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Bullet Development declined 31.82% in August 2021 from 145.52 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 76.28% from the same period in 2020.
The company’s oil production grew 3.49% to 99.21 bd in August 2021 from the previous month. On a YTD basis, oil production increased by 76.28% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in August 2021, oil production held a 100% share.
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By GlobalDataLooking at the states where Bullet Development recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 99.21 boe/d in the state in August 2021, an increase of 3.49% from the previous month.
On a YTD basis, the company produced 876.09 boe/d in Texas in 2021, recording an increase of 76.28% from the same period in 2020.
Bullet Development witnessed the highest oil and gas production in Taylor county in August 2021. Out of all the counties, Taylor county held a share of 95.71% for the firm. The company produced 94.95 boe/d in Taylor county in August 2021, an increase of 4.57% in production when compared with the previous month.
On a YTD basis, the county produced 839.33 boe/d for the company in 2021, a 79.89% 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.
