Meridian Oil Production recorded a decrease of 2.99% in total oil and gas production to 243.12 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Meridian Oil Production grew 17.69% in August 2021 from 206.57 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 4.42% from the same period in 2020.
The company’s oil production declined 3.48% to 218.83 bd in August 2021 from the previous month, while gas production stood at 0.14 mmcf/d. On a YTD basis, oil production decreased by 6.65% in 2021 when compared with the same period in 2020, while gas production rose by 16.13%. Out of the total oil and gas production in August 2021, oil production held a 90.01% share, while gas production held a 9.93% share.
Looking at the states where Meridian Oil Production recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 243.12 boe/d in the state in August 2021, a decrease of 2.99% from the previous month.
On a YTD basis, the company produced 1,643.96 boe/d in Texas in 2021, recording a decrease of 4.62% from the same period in 2020.
Meridian Oil Production witnessed the highest oil and gas production in Guadalupe county in August 2021. Out of all the counties, Guadalupe county held a share of 63.47% for the firm. The company produced 154.3 boe/d in Guadalupe county in August 2021, a decrease of 4.6% in production when compared with the previous month.
On a YTD basis, the county produced 1,085.55 boe/d for the company in 2021, a 16.48% increase 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.
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.