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December 3, 2021

Harvest Petroleum records 4.41% increase in production in August 2021

By Carmen

Harvest Petroleum recorded an increase of 4.41% in total oil and gas production to 82.93 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Harvest Petroleum declined 13.33% in August 2021 from 95.68 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 14.27% from the same period in 2020.

The company’s gas production up by 4.35% to 0.48 mmcf/d in August 2021 from the previous month. On a YTD basis, oil production in 2021 stood at 36.67 bd, while gas production declined by 18.61%. Out of the total oil and gas production in August 2021, gas production held a 99.8% share.


Looking at the states where Harvest Petroleum recorded the highest oil and gas production in August 2021, California figured at the top. The company produced 82.93 boe/d in the state in August 2021, an increase of 4.41% from the previous month.

On a YTD basis, the company produced 723.41 boe/d in California in 2021, recording a decrease of 14.27% from the same period in 2020.



Harvest Petroleum witnessed the highest oil and gas production in Colusa county in August 2021. Out of all the counties, Colusa county held a share of 87.95% for the firm. The company produced 72.94 boe/d in Colusa county in August 2021, an increase of 4.41% in production when compared with the previous month.

On a YTD basis, the county produced 609.69 boe/d for the company in 2021, a 17.05% 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.

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