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November 11, 2021

Northwoods Operating records 8.61% decrease in production in August 2021

By Carmen

Northwoods Operating recorded a decrease of 8.61% in total oil and gas production to 3,464.06 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Northwoods Operating declined 33.57% in August 2021 from 5,214.86 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 33.88% from the same period in 2020.

The company’s oil production declined 7.68% to 2,148.97 bd in August 2021 from the previous month, while gas production declined by 10.02% to 7.63 mmcf/d. On a YTD basis, oil production decreased by 39.6% in 2021 when compared with the same period in 2020, while gas production declined by 21.97%. Out of the total oil and gas production in August 2021, oil production held a 62.04% share, while gas production held a 37.98% share.

 

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Looking at the states where Northwoods Operating recorded the highest oil and gas production in August 2021, Wyoming figured at the top, accounting for a 100% share. The company produced 3,464.06 boe/d in the state in August 2021, a decrease of 8.61% from the previous month.

On a YTD basis, the company produced 31,467.67 boe/d in Wyoming in 2021, recording a decrease of 33.88% from the same period in 2020.

 


 

Northwoods Operating witnessed the highest oil and gas production in Converse county in August 2021. Out of all the counties, Converse county held a share of 93.26% for the firm. The company produced 3,230.56 boe/d in Converse county in August 2021, a decrease of 8.48% in production when compared with the previous month.

On a YTD basis, the county produced 29,172.4 boe/d for the company in 2021, a 35.6% 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.

More in-depth reports and analysis on all reported information are available to subscribers through GlobalData’s Oil and Gas database.

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