View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 5, 2021updated 08 Nov 2021 5:02am

Denver-Julesburg (DJ) Shale production declined by 0.63% in August 2021

By Carmen

Denver-Julesburg (DJ) Shale witnessed a decrease of 0.63% in total oil and gas production to 9,74,204.98 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The total oil and gas production in Denver-Julesburg (DJ) declined by 6.07% in August 2021 over the 12-month period from 10,37,145.72 boe/d in August 2020. On a YTD basis, the total oil and gas production in the play decreased by 10.2% from the same period in 2020.

In Denver-Julesburg (DJ) oil production grew by 0.68% in August 2021 as compared with the previous month, while gas production decreased by 1.66% to 3,116.82 mmcf/d.

On a YTD basis, oil production in the play decreased by 17.12% in 2021 when compared with the same period in 2020, while gas production declined by 3.71%. Out of the total oil and gas production in August 2021, oil held a 44.84% share, while gas had a 55.16% share.

 

In Denver-Julesburg (DJ), Occidental Petroleum emerged as the largest oil and gas producer, recording a total oil and gas production at 2,19,269.78 boe/d in August 2021, a decrease of 2.48% from the previous month. The company held an 18.25% share in oil production and 25.97% share in gas production in August 2021.

On a YTD basis, the company registered a 15.3% decrease in total oil and gas production from the same period in 2020.

 

 

Compared with other counties within Denver-Julesburg (DJ) Shale, Weld county recorded the highest oil and gas production, holding an 87.15% share in August 2021. The county witnessed a 1.01% decrease in production to 8,49,020.38 boe/d in August 2021 when compared with the previous month.

On a YTD basis, it registered a decline of 11.54% in total production 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology