Petrogulf recorded an increase of 9.26% in total oil and gas production to 483.02 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Petrogulf grew 51.32% in August 2021 from 319.21 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 16.21% from the same period in 2020.
The company’s oil production grew 1.95% to 359.14 bd in August 2021 from the previous month, while gas production up by 38.46% to 0.72 mmcf/d. On a YTD basis, oil production increased by 39.43% in 2021 when compared with the same period in 2020, while gas production declined by 61.35%. Out of the total oil and gas production in August 2021, oil production held a 74.35% share, while gas production held a 25.7% share.
Looking at the states where Petrogulf recorded the highest oil and gas production in August 2021, North Dakota figured at the top, accounting for a 2.67% share. The company produced 451.23 boe/d in the state in August 2021, an increase of 10.3% from the previous month.
On a YTD basis, the company produced 2,531.5 boe/d in North Dakota in 2021, recording a decrease of 23.08% from the same period in 2020.
Petrogulf witnessed the highest oil and gas production in Mountrail county in August 2021. Out of all the counties, Mountrail county held a share of 93.42% for the firm. The company produced 451.23 boe/d in Mountrail county in August 2021, an increase of 10.3% in production when compared with the previous month.
On a YTD basis, the county produced 2,531.5 boe/d for the company in 2021, a 45.72% increase 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.
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.