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  1. Market Data
December 2, 2021

Fields Bert records 1.38% increase in production in August 2021

By Carmen

Fields Bert recorded an increase of 1.38% in total oil and gas production to 78.62 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Fields Bert grew 60.02% in August 2021 from 49.13 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 12.43% from the same period in 2020.

The company’s oil production grew 2.11% to 70.25 bd in August 2021 from the previous month, while gas production stood at 0.05 mmcf/d. On a YTD basis, oil production increased by 13.26% in 2021 when compared with the same period in 2020, while gas production rose by 8.11%. Out of the total oil and gas production in August 2021, oil production held an 89.35% share, while gas production held a 10.96% share.


Looking at the states where Fields Bert recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 78.62 boe/d in the state in August 2021, an increase of 1.38% from the previous month.

On a YTD basis, the company produced 546.77 boe/d in Texas in 2021, recording an increase of 12.43% from the same period in 2020.



Fields Bert witnessed the highest oil and gas production in Garza county in August 2021. Out of all the counties, Garza county held a share of 63.34% for the firm. The company produced 49.8 boe/d in Garza county in August 2021, an increase of 4.1% in production when compared with the previous month.

On a YTD basis, the county produced 313.65 boe/d for the company in 2021, a 13.08% 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.

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