Peak Operating recorded a decrease of 46.25% in total oil and gas production to 305.39 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Peak Operating declined 0.48% in August 2021 from 306.86 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 2.55% from the same period in 2020.
The company’s oil production declined 36.59% to 85.17 bd in August 2021 from the previous month, while gas production declined by 49.21% to 1.28 mmcf/d. On a YTD basis, oil production increased by 22.47% in 2021 when compared with the same period in 2020, while gas production declined by 10.71%. Out of the total oil and gas production in August 2021, oil production held a 27.89% share, while gas production held a 72.26% share.
Looking at the states where Peak Operating recorded the highest oil and gas production in August 2021, Louisiana figured at the top, accounting for a 100% share. The company produced 305.4 boe/d in the state in August 2021, a decrease of 46.25% from the previous month.
On a YTD basis, the company produced 2,805.76 boe/d in Louisiana in 2021, recording a decrease of 2.55% from the same period in 2020.
Peak Operating witnessed the highest oil and gas production in Vermilion county in August 2021. Out of all the counties, Vermilion county held a share of 100% for the firm. The company produced 305.4 boe/d in Vermilion county in August 2021, a decrease of 46.25% in production when compared with the previous month.
On a YTD basis, the county produced 2,805.76 boe/d for the company in 2021, a 2.55% 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.