Cactus Feeders recorded a decrease of 40.96% in total oil and gas production to 1,359.69 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Cactus Feeders grew 527.19% in August 2021 from 216.79 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 990.98% from the same period in 2020.

The company’s oil production declined 1.52% to 86.15 bd in August 2021 from the previous month, while gas production declined by 42.56% to 7.37 mmcf/d. On a YTD basis, oil production increased by 110.77% in 2021 when compared with the same period in 2020, while gas production rose by 1314.74%. Out of the total oil and gas production in August 2021, oil production held a 6.34% share, while gas production held a 93.45% share.


Looking at the states where Cactus Feeders recorded the highest oil and gas production in August 2021, Oklahoma figured at the top, accounting for a 10.5% share. The company produced 1,230.45 boe/d in the state in August 2021, a decrease of 43.3% from the previous month.

On a YTD basis, the company produced 15,726.73 boe/d in Oklahoma in 2021, recording an increase of 906.39% from the same period in 2020.



Cactus Feeders witnessed the highest oil and gas production in Coal county in August 2021. Out of all the counties, Coal county held a share of 90.49% for the firm. The company produced 1,230.45 boe/d in Coal county in August 2021, a decrease of 43.3% in production when compared with the previous month.

On a YTD basis, the county produced 15,726.73 boe/d for the company in 2021, a 6395.96% 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.