Gulfport Energy recorded a decrease of 10.8% in total oil and gas production to 151,403.33 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Gulfport Energy declined 9.53% in August 2021 from 167,343.48 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 1.95% from the same period in 2020.
The company’s oil production declined 40.87% to 4,760.77 bd in August 2021 from the previous month, while gas production declined by 9.31% to 850.51 mmcf/d. On a YTD basis, oil production decreased by 7.12% in 2021 when compared with the same period in 2020, while gas production rose by 2.29%. Out of the total oil and gas production in August 2021, oil production held a 3.14% share, while gas production held a 96.85% share.
Looking at the states where Gulfport Energy recorded the highest oil and gas production in August 2021, Ohio figured at the top, accounting for an 18.68% share. The company produced 127,551.17 boe/d in the state in August 2021, a decrease of 10.7% from the previous month.
On a YTD basis, the company produced 1,243,602.12 boe/d in Ohio in 2021, recording a decrease of 12.02% from the same period in 2020.
Gulfport Energy witnessed the highest oil and gas production in Belmont county in August 2021. Out of all the counties, Belmont county held a share of 66.71% for the firm. The company produced 100,996.08 boe/d in Belmont county in August 2021, a decrease of 11.8% in production when compared with the previous month.
On a YTD basis, the county produced 999,635.64 boe/d for the company in 2021, a 6.69% decrease 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.