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Drillers & Producers recorded a decrease of 13.4% in total oil and gas production to 115.24 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Drillers & Producers grew 6.6% in August 2021 from 108.11 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 13.55% from the same period in 2020.
The company’s oil production declined 23.77% to 60.23 bd in August 2021 from the previous month, while gas production up by 3.23% to 0.32 mmcf/d. On a YTD basis, oil production increased by 22.31% in 2021 when compared with the same period in 2020, while gas production rose by 3.73%. Out of the total oil and gas production in August 2021, oil production held a 52.26% share, while gas production held a 47.87% share.
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By GlobalData
Looking at the states where Drillers & Producers recorded the highest oil and gas production in August 2021, California figured at the top. The company produced 115.24 boe/d in the state in August 2021, a decrease of 6.77% from the previous month.
On a YTD basis, the company produced 928.04 boe/d in California in 2021, recording an increase of 6.26% from the same period in 2020.
Drillers & Producers witnessed the highest oil and gas production in Kern county in August 2021. Out of all the counties, Kern county held a share of 100% for the firm. The company produced 115.24 boe/d in Kern county in August 2021, a decrease of 6.77% in production when compared with the previous month.
On a YTD basis, the county produced 928.04 boe/d for the company in 2021, a 16.12% increase 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.
