Kern River Holdings recorded a decrease of 2.81% in total oil and gas production to 1,248.73 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Kern River Holdings declined 12.18% in August 2021 from 1,421.98 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 13.24% from the same period in 2020.
The company’s oil production declined 3.05% to 1,147.39 bd in August 2021 from the previous month, while gas production stood at 0.59 mmcf/d. On a YTD basis, oil production decreased by 17.31% in 2021 when compared with the same period in 2020, while gas production rose by 99.17%. Out of the total oil and gas production in August 2021, oil production held a 91.88% share, while gas production held an 8.15% share.
Looking at the states where Kern River Holdings recorded the highest oil and gas production in August 2021, California figured at the top, accounting for a 100% share. The company produced 1,248.73 boe/d in the state in August 2021, a decrease of 2.81% from the previous month.
On a YTD basis, the company produced 10,299.07 boe/d in California in 2021, recording a decrease of 13.24% from the same period in 2020.
Kern River Holdings witnessed the highest oil and gas production in Kern county in August 2021. Out of all the counties, Kern county held a share of 100% for the firm. The company produced 1,248.73 boe/d in Kern county in August 2021, a decrease of 2.81% in production when compared with the previous month.
On a YTD basis, the county produced 10,299.07 boe/d for the company in 2021, a 13.24% decrease 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.
More in-depth reports and analysis on all reported information are available to subscribers through GlobalData’s Oil and Gas database.