Milagro Exploration recorded an increase of 6.7% in total oil and gas production to 691.13 boe/d in July 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Milagro Exploration grew 17.36% in July 2021 from 588.91 boe/d in July 2020.
On a YTD basis, the company’s total oil and gas production decreased by 7.67% from the same period in 2020.
The company’s oil production grew 12.22% to 353.65 bd in July 2021 from the previous month, while gas production up by 1.6% to 1.91 mmcf/d. On a YTD basis, oil production increased by 2.48% in 2021 when compared with the same period in 2020, while gas production declined by 15.4%. Out of the total oil and gas production in July 2021, oil production held a 51.17% share, while gas production held a 47.65% share.
Looking at the states where Milagro Exploration recorded the highest oil and gas production in July 2021, Texas figured at the top, accounting for a 100% share. The company produced 691.13 boe/d in the state in July 2021, an increase of 6.7% from the previous month.
On a YTD basis, the company produced 4,676.64 boe/d in Texas in 2021, recording a decrease of 7.67% from the same period in 2020.
Milagro Exploration witnessed the highest oil and gas production in Wharton county in July 2021. Out of all the counties, Wharton county held a share of 62.57% for the firm. The company produced 432.44 boe/d in Wharton county in July 2021, an increase of 10.64% in production when compared with the previous month.
On a YTD basis, the county produced 2,663.87 boe/d for the company in 2021, a 1.98% 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.
More in-depth reports and analysis on all reported information are available to subscribers through GlobalData’s Oil and Gas database.