Grit Operating recorded an increase of 1.58% in total oil and gas production to 173.16 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Grit Operating grew 340.5% in August 2021 from 39.31 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 296.62% from the same period in 2020.
The company’s oil production grew 4.9% to 134.68 bd in August 2021 from the previous month, while gas production declined by 8.33% to 0.22 mmcf/d. On a YTD basis, oil production increased by 2814.87% in 2021 when compared with the same period in 2020, while gas production rose by 13.74%. Out of the total oil and gas production in August 2021, oil production held a 77.78% share, while gas production held a 21.9% share.
Looking at the states where Grit Operating recorded the highest oil and gas production in August 2021, Louisiana figured at the top, accounting for a 100% share. The company produced 173.16 boe/d in the state in August 2021, an increase of 1.58% from the previous month.
On a YTD basis, the company produced 1,387.37 boe/d in Louisiana in 2021, recording an increase of 296.62% from the same period in 2020.
Grit Operating witnessed the highest oil and gas production in La salle county in August 2021. Out of all the counties, La salle county held a share of 56.03% for the firm. The company produced 97.03 boe/d in La salle county in August 2021, an increase of 5.92% in production when compared with the previous month.
On a YTD basis, the county produced 762 boe/d for the company in 2021, a 2133.29% 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.
