Koda Resources Operating recorded a decrease of 1.94% in total oil and gas production to 338.53 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Koda Resources Operating declined 48.86% in August 2021 from 661.93 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 60.33% from the same period in 2020.
The company’s oil production grew 2.08% to 271.29 bd in August 2021 from the previous month, while gas production declined by 15.22% to 0.39 mmcf/d. On a YTD basis, oil production decreased by 61.71% in 2021 when compared with the same period in 2020, while gas production declined by 53.54%. Out of the total oil and gas production in August 2021, oil production held an 80.14% share, while gas production held a 19.86% share.
Looking at the states where Koda Resources Operating recorded the highest oil and gas production in August 2021, North Dakota figured at the top, accounting for a 100% share. The company produced 338.53 boe/d in the state in August 2021, a decrease of 1.94% from the previous month.
On a YTD basis, the company produced 3,094.07 boe/d in North Dakota in 2021, recording a decrease of 60.33% from the same period in 2020.
Koda Resources Operating witnessed the highest oil and gas production in Divide county in August 2021. Out of all the counties, Divide county held a share of 72.17% for the firm. The company produced 244.32 boe/d in Divide county in August 2021, a decrease of 21.69% in production when compared with the previous month.
On a YTD basis, the county produced 2,724.16 boe/d for the company in 2021, a 62.63% 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.