First Permian recorded an increase of 3.66% in total oil and gas production to 204.25 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of First Permian grew 20.26% in August 2021 from 169.84 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 14.64% from the same period in 2020.
The company’s oil production grew 3.59% to 201.48 bd in August 2021 from the previous month, while gas production up by 100% to 0.02 mmcf/d. On a YTD basis, oil production decreased by 13.14% in 2021 when compared with the same period in 2020, while gas production declined by 60%. Out of the total oil and gas production in August 2021, oil production held a 98.64% share, while gas production held a 1.69% share.
Looking at the states where First Permian recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 204.25 boe/d in the state in August 2021, an increase of 3.66% from the previous month.
On a YTD basis, the company produced 1,173.78 boe/d in Texas in 2021, recording a decrease of 14.64% from the same period in 2020.
First Permian witnessed the highest oil and gas production in Mitchell county in August 2021. Out of all the counties, Mitchell county held a share of 88.18% for the firm. The company produced 180.1 boe/d in Mitchell county in August 2021, an increase of 3.86% in production when compared with the previous month.
On a YTD basis, the county produced 984.11 boe/d for the company in 2021, a 20.16% increase 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.