North American Royalties recorded a decrease of 2.05% in total oil and gas production to 264.87 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of North American Royalties declined 0.47% in August 2021 from 266.12 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 4.19% from the same period in 2020.
The company’s oil production declined 0.25% to 218.14 bd in August 2021 from the previous month, while gas production declined by 10% to 0.27 mmcf/d. On a YTD basis, oil production decreased by 8.93% in 2021 when compared with the same period in 2020, while gas production rose by 23.5%. Out of the total oil and gas production in August 2021, oil production held an 82.36% share, while gas production held a 17.57% share.
Looking at the states where North American Royalties recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 264.87 boe/d in the state in August 2021, a decrease of 2.05% from the previous month.
On a YTD basis, the company produced 2,068.78 boe/d in Texas in 2021, recording a decrease of 4.19% from the same period in 2020.
North American Royalties witnessed the highest oil and gas production in Yoakum county in August 2021. Out of all the counties, Yoakum county held a share of 57.23% for the firm. The company produced 151.58 boe/d in Yoakum county in August 2021, a decrease of 4.1% in production when compared with the previous month.
On a YTD basis, the county produced 1,151.57 boe/d for the company in 2021, a 14.95% decrease from the same period in 2020.