Clovelly Oil recorded an increase of 10.2% in total oil and gas production to 208.88 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Clovelly Oil grew 690.02% in August 2021 from 26.44 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 447.39% from the same period in 2020.
The company’s oil production grew 24.2% to 107.1 bd in August 2021 from the previous month, while gas production declined by 1.67% to 0.59 mmcf/d. On a YTD basis, oil production increased by 1982.56% in 2021 when compared with the same period in 2020, while gas production rose by 185.25%. Out of the total oil and gas production in August 2021, oil production held a 51.27% share, while gas production held a 48.7% share.
Looking at the states where Clovelly Oil recorded the highest oil and gas production in August 2021, Louisiana figured at the top, accounting for a 100% share. The company produced 208.88 boe/d in the state in August 2021, an increase of 10.2% from the previous month.
On a YTD basis, the company produced 1,344.61 boe/d in Louisiana in 2021, recording an increase of 447.39% from the same period in 2020.
Clovelly Oil witnessed the highest oil and gas production in Jefferson county in August 2021. Out of all the counties, Jefferson county held a share of 54.03% for the firm. The company produced 112.86 boe/d in Jefferson county in August 2021, an increase of 9.32% in production when compared with the previous month.
On a YTD basis, the county produced 878.03 boe/d for the company in 2021.
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.