Cornerstone Natural Resources recorded a decrease of 0.37% in total oil and gas production to 514.91 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Cornerstone Natural Resources grew 72.37% in August 2021 from 298.72 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 62.65% from the same period in 2020.
The company’s oil production declined 1.84% to 431.62 bd in August 2021 from the previous month, while gas production up by 6.67% to 0.48 mmcf/d. On a YTD basis, oil production increased by 68.09% in 2021 when compared with the same period in 2020, while gas production rose by 38.34%. Out of the total oil and gas production in August 2021, oil production held an 83.82% share, while gas production held a 16.07% share.
Looking at the states where Cornerstone Natural Resources recorded the highest oil and gas production in August 2021, North Dakota figured at the top, accounting for a 100% share. The company produced 514.91 boe/d in the state in August 2021, a decrease of 0.37% from the previous month.
On a YTD basis, the company produced 3,868.57 boe/d in North Dakota in 2021, recording an increase of 62.65% from the same period in 2020.
Cornerstone Natural Resources witnessed the highest oil and gas production in Burke county in August 2021. Out of all the counties, Burke county held a share of 100% for the firm. The company produced 514.91 boe/d in Burke county in August 2021, a decrease of 0.37% in production when compared with the previous month.
On a YTD basis, the county produced 3,868.57 boe/d for the company in 2021, a 62.65% increase from the same period in 2020.
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.