Grayson Mill Operating records 3.24% decrease in production in August 2021

Grayson Mill Operating recorded a decrease of 3.24% in total oil and gas production to 1,251.86 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Grayson Mill Operating grew 55.25% in August 2021 from 806.33 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 75.35% from the same period in 2020.

The company’s oil production declined 2.16% to 1,029.87 bd in August 2021 from the previous month, while gas production declined by 7.86% to 1.29 mmcf/d. On a YTD basis, oil production increased by 81.56% in 2021 when compared with the same period in 2020, while gas production rose by 49.11%. Out of the total oil and gas production in August 2021, oil production held an 82.27% share, while gas production held a 17.77% share.

Looking at the states where Grayson Mill Operating recorded the highest oil and gas production in August 2021, Montana figured at the top, accounting for a 56.63% share. The company produced 799.27 boe/d in the state in August 2021, a decrease of 1.81% from the previous month.

On a YTD basis, the company produced 6,623.25 boe/d in Montana in 2021, recording a decrease of 6.68% from the same period in 2020.

Grayson Mill Operating witnessed the highest oil and gas production in Richland county in August 2021. Out of all the counties, Richland county held a share of 39.9% for the firm. The company produced 499.44 boe/d in Richland county in August 2021, a decrease of 2.34% in production when compared with the previous month.

On a YTD basis, the county produced 5,822.36 boe/d for the company in 2021.

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.