Erso recorded an increase of 11.73% in total oil and gas production to 75.27 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Erso declined 19.24% in August 2021 from 93.2 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 17.58% from the same period in 2020.
The company’s gas production up by 11.11% to 0.4 mmcf/d in August 2021 from the previous month. On a YTD basis, gas production declined by 17.96% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in August 2021, gas production held a 91.62% share.
Looking at the states where Erso recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 75.27 boe/d in the state in August 2021, an increase of 11.73% from the previous month.
On a YTD basis, the company produced 594.9 boe/d in Texas in 2021, recording a decrease of 17.58% from the same period in 2020.
Erso witnessed the highest oil and gas production in Panola county in August 2021. Out of all the counties, Panola county held a share of 100% for the firm. The company produced 75.27 boe/d in Panola county in August 2021, an increase of 11.73% in production when compared with the previous month.
On a YTD basis, the county produced 594.9 boe/d for the company in 2021, a 17.58% 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.