Faulconer Vernon E recorded an increase of 0.49% in total oil and gas production to 1,053.3 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Faulconer Vernon E grew 92.17% in August 2021 from 548.1 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 75.83% from the same period in 2020.
The company’s oil production grew 2.85% to 84.69 bd in August 2021 from the previous month, while gas production declined by 0.18% to 5.5 mmcf/d. On a YTD basis, oil production increased by 288.28% in 2021 when compared with the same period in 2020, while gas production rose by 72.65%. Out of the total oil and gas production in August 2021, oil production held an 8.04% share, while gas production held a 90.03% share.
Looking at the states where Faulconer Vernon E recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 628.56 boe/d in the state in August 2021, an increase of 12.57% from the previous month.
On a YTD basis, the company produced 4,647.86 boe/d in Texas in 2021, recording a decrease of 2.32% from the same period in 2020.
Faulconer Vernon E witnessed the highest oil and gas production in Panola county in August 2021. Out of all the counties, Panola county held a share of 12.69% for the firm. The company produced 133.64 boe/d in Panola county in August 2021, an increase of 29.86% in production when compared with the previous month.
On a YTD basis, the county produced 985.73 boe/d for the company in 2021, a 6.92% decrease from the same period in 2020.
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.