Painted Pegasus Petroleum recorded a decrease of 12.79% in total oil and gas production to 77.36 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Painted Pegasus Petroleum declined 24.95% in August 2021 from 103.08 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 29.28% from the same period in 2020.
The company’s oil production declined 56.03% to 16.56 bd in August 2021 from the previous month, while gas production up by 16.67% to 0.35 mmcf/d. On a YTD basis, oil production decreased by 36.38% in 2021 when compared with the same period in 2020, while gas production declined by 23.79%. Out of the total oil and gas production in August 2021, oil production held a 21.41% share, while gas production held a 78% share.
Looking at the states where Painted Pegasus Petroleum recorded the highest oil and gas production in August 2021, Colorado figured at the top. The company produced 77.36 boe/d in the state in August 2021, an increase of 9.47% from the previous month.
On a YTD basis, the company produced 581.13 boe/d in Colorado in 2021, recording a decrease of 39.63% from the same period in 2020.
Painted Pegasus Petroleum witnessed the highest oil and gas production in ADAMS county in August 2021. Out of all the counties, ADAMS county held a share of 100% for the firm. The company produced 77.36 boe/d in ADAMS county in August 2021, an increase of 9.47% in production when compared with the previous month.
On a YTD basis, the county produced 581.13 boe/d for the company in 2021, a 30.92% 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.