Missouri River Royalty recorded a decrease of 3.41% in total oil and gas production to 55.82 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Missouri River Royalty grew 23.11% in August 2021 from 45.34 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 30.36% from the same period in 2020.
The company’s oil production declined 4.9% to 48.73 bd in August 2021 from the previous month, while gas production stood at 0.04 mmcf/d. On a YTD basis, oil production increased by 25.45% in 2021 when compared with the same period in 2020, while gas production rose by 83.33%. Out of the total oil and gas production in August 2021, oil production held an 87.3% share, while gas production held a 12.36% share.
Looking at the states where Missouri River Royalty recorded the highest oil and gas production in August 2021, North Dakota figured at the top, accounting for a 100% share. The company produced 41.62 boe/d in the state in August 2021, a decrease of 4.48% from the previous month.
On a YTD basis, the company produced 326.73 boe/d in North Dakota in 2021, recording a decrease of 3.37% from the same period in 2020.
Missouri River Royalty witnessed the highest oil and gas production in Mckenzie county in August 2021. Out of all the counties, Mckenzie county held a share of 55.2% for the firm. The company produced 30.81 boe/d in Mckenzie county in August 2021, a decrease of 4.47% in production when compared with the previous month.
On a YTD basis, the county produced 239.9 boe/d for the company in 2021, a 49.87% increase 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.