Escondido Resources GP recorded a decrease of 1.92% in total oil and gas production to 324.44 boe/d in July 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Escondido Resources GP declined 3.51% in July 2021 from 336.23 boe/d in July 2020.

On a YTD basis, the company’s total oil and gas production decreased by 8.27% from the same period in 2020.

The company’s oil production grew 19.49% to 6.13 bd in July 2021 from the previous month, while gas production declined by 2.15% to 1.82 mmcf/d. On a YTD basis, oil production decreased by 43.96% in 2021 when compared with the same period in 2020, while gas production declined by 6.93%. Out of the total oil and gas production in July 2021, oil production held a 1.89% share, while gas production held a 96.72% share.

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By GlobalData

Looking at the states where Escondido Resources GP recorded the highest oil and gas production in July 2021, Texas figured at the top, accounting for a 100% share. The company produced 324.44 boe/d in the state in July 2021, a decrease of 1.92% from the previous month.

On a YTD basis, the company produced 2,320.66 boe/d in Texas in 2021, recording a decrease of 8.27% from the same period in 2020.



Escondido Resources GP witnessed the highest oil and gas production in La Salle county in July 2021. Out of all the counties, La Salle county held a share of 74% for the firm. The company produced 240.08 boe/d in La Salle county in July 2021, a decrease of 4.71% in production when compared with the previous month.

On a YTD basis, the county produced 1,753 boe/d for the company in 2021, a 9.99% 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.

More in-depth reports and analysis on all reported information are available to subscribers through GlobalData’s Oil and Gas database.