Davis Southern Operating recorded a decrease of 0.79% in total oil and gas production to 192.76 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Davis Southern Operating declined 35.97% in August 2021 from 301.05 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 42.28% from the same period in 2020.
The company’s oil production declined 2.64% to 122.49 bd in August 2021 from the previous month, while gas production declined by 30.77% to 0.09 mmcf/d. On a YTD basis, oil production decreased by 25.4% in 2021 when compared with the same period in 2020, while gas production declined by 85.01%. Out of the total oil and gas production in August 2021, oil production held a 63.55% share, while gas production held an 8.05% share.
Looking at the states where Davis Southern Operating recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 192.76 boe/d in the state in August 2021, a decrease of 0.79% from the previous month.
On a YTD basis, the company produced 1,633 boe/d in Texas in 2021, recording a decrease of 42.28% from the same period in 2020.
Davis Southern Operating witnessed the highest oil and gas production in Tyler county in August 2021. Out of all the counties, Tyler county held a share of 67.45% for the firm. The company produced 130.01 boe/d in Tyler county in August 2021, an increase of 2.88% in production when compared with the previous month.
On a YTD basis, the county produced 1,149.99 boe/d for the company in 2021, a 41.88% decrease 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.