Caerus Production recorded a decrease of 0.86% in total oil and gas production to 34,082.11 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Caerus Production declined 7.6% in August 2021 from 36,884.49 boe/d in August 2020.
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On a YTD basis, the company’s total oil and gas production decreased by 12.4% from the same period in 2020.
The company’s oil production grew 38.83% to 686.03 bd in August 2021 from the previous month, while gas production declined by 1.43% to 193.7 mmcf/d. On a YTD basis, oil production decreased by 11.79% in 2021 when compared with the same period in 2020, while gas production declined by 12.42%. Out of the total oil and gas production in August 2021, oil production held a 2.01% share, while gas production held a 97.99% share.
Looking at the states where Caerus Production recorded the highest oil and gas production in August 2021, Utah figured at the top, accounting for a 100% share. The company produced 34,082.11 boe/d in the state in August 2021, a decrease of 0.86% from the previous month.
On a YTD basis, the company produced 2,77,822.94 boe/d in Utah in 2021, recording a decrease of 12.4% from the same period in 2020.
Caerus Production witnessed the highest oil and gas production in Uintah county in August 2021. Out of all the counties, Uintah county held a share of 100% for the firm. The company produced 34,082.11 boe/d in Uintah county in August 2021, a decrease of 0.86% in production when compared with the previous month.
On a YTD basis, the county produced 2,77,822.94 boe/d for the company in 2021, a 12.4% 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.
