Cumberland Operating recorded an increase of 42.75% in total oil and gas production to 175.37 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Cumberland Operating grew 30.8% in August 2021 from 134.07 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 3.58% from the same period in 2020.
The company’s oil production grew 51.3% to 13.42 bd in August 2021 from the previous month, while gas production up by 42.42% to 0.94 mmcf/d. On a YTD basis, oil production increased by 62.47% in 2021 when compared with the same period in 2020, while gas production declined by 5.53%. Out of the total oil and gas production in August 2021, oil production held a 7.65% share, while gas production held a 92.42% share.
Looking at the states where Cumberland Operating recorded the highest oil and gas production in August 2021, Wyoming figured at the top, accounting for a 100% share. The company produced 175.37 boe/d in the state in August 2021, an increase of 42.75% from the previous month.
On a YTD basis, the company produced 1,052.1 boe/d in Wyoming in 2021, recording a decrease of 3.58% from the same period in 2020.
Cumberland Operating witnessed the highest oil and gas production in Park county in August 2021. Out of all the counties, Park county held a share of 100% for the firm. The company produced 175.37 boe/d in Park county in August 2021, an increase of 42.75% in production when compared with the previous month.
On a YTD basis, the county produced 1,052.1 boe/d for the company in 2021, a 3.58% 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.
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.
