Paint Rock Operating recorded an increase of 15.31% in total oil and gas production to 69.8 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Paint Rock Operating declined 24.39% in August 2021 from 92.32 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 24.25% from the same period in 2020.
The company’s oil production grew 5.86% to 61.98 bd in August 2021 from the previous month, while gas production up by 300% to 0.04 mmcf/d. On a YTD basis, oil production decreased by 25.69% in 2021 when compared with the same period in 2020, while gas production declined by 9.76%. Out of the total oil and gas production in August 2021, oil production held an 88.8% share, while gas production held a 9.89% share.
Looking at the states where Paint Rock Operating recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 69.8 boe/d in the state in August 2021, an increase of 15.31% from the previous month.
On a YTD basis, the company produced 599.36 boe/d in Texas in 2021, recording a decrease of 24.25% from the same period in 2020.
Paint Rock Operating witnessed the highest oil and gas production in Menard county in August 2021. Out of all the counties, Menard county held a share of 98.67% for the firm. The company produced 68.87 boe/d in Menard county in August 2021, an increase of 16.2% in production when compared with the previous month.
On a YTD basis, the county produced 540.08 boe/d for the company in 2021, a 19.77% decrease 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.