Parten Operating recorded a decrease of 4.53% in total oil and gas production to 310.56 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Parten Operating grew 13.9% in August 2021 from 272.66 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 29.18% from the same period in 2020.
The company’s oil production declined 6.64% to 222.33 bd in August 2021 from the previous month, while gas production up by 4.26% to 0.49 mmcf/d. On a YTD basis, oil production increased by 44.73% in 2021 when compared with the same period in 2020, while gas production rose by 1.15%. Out of the total oil and gas production in August 2021, oil production held a 71.59% share, while gas production held a 27.2% share.
Looking at the states where Parten Operating recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 310.56 boe/d in the state in August 2021, a decrease of 4.53% from the previous month.
On a YTD basis, the company produced 2,355.71 boe/d in Texas in 2021, recording an increase of 29.18% from the same period in 2020.
Parten Operating witnessed the highest oil and gas production in Houston county in August 2021. Out of all the counties, Houston county held a share of 75.75% for the firm. The company produced 235.26 boe/d in Houston county in August 2021, a decrease of 12.88% in production when compared with the previous month.
On a YTD basis, the county produced 1,937.17 boe/d for the company in 2021, a 10.55% increase from the same period in 2020.