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EL Dorado Oil & Gas recorded a decrease of 3.04% in total oil and gas production to 80.01 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of EL Dorado Oil & Gas declined 20.16% in August 2021 from 100.21 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 15.03% from the same period in 2020.

The company’s oil production declined 19.31% to 31.76 bd in August 2021 from the previous month, while gas production up by 12% to 0.28 mmcf/d. On a YTD basis, oil production decreased by 12.15% in 2021 when compared with the same period in 2020, while gas production declined by 17.7%. Out of the total oil and gas production in August 2021, oil production held a 39.7% share, while gas production held a 60.33% share.

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Looking at the states where EL Dorado Oil & Gas recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 80.01 boe/d in the state in August 2021, a decrease of 3.04% from the previous month.

On a YTD basis, the company produced 651.7 boe/d in Texas in 2021, recording a decrease of 15.03% from the same period in 2020.



EL Dorado Oil & Gas witnessed the highest oil and gas production in Stephens county in August 2021. Out of all the counties, Stephens county held a share of 48.41% for the firm. The company produced 38.73 boe/d in Stephens county in August 2021, a decrease of 21.47% in production when compared with the previous month.

On a YTD basis, the county produced 356.57 boe/d for the company in 2021, a 5.58% 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.