Petropoint Energy Operating recorded a decrease of 1.61% in total oil and gas production to 54.9 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Petropoint Energy Operating declined 24% in August 2021 from 72.24 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 29.32% from the same period in 2020.
The company’s gas production up by 10.34% to 0.32 mmcf/d in August 2021 from the previous month. On a YTD basis, gas production declined by 29.28% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in August 2021, gas production held a 100.49% share.
Looking at the states where Petropoint Energy Operating recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 54.9 boe/d in the state in August 2021, a decrease of 1.61% from the previous month.
On a YTD basis, the company produced 456.33 boe/d in Texas in 2021, recording a decrease of 29.32% from the same period in 2020.
Petropoint Energy Operating witnessed the highest oil and gas production in Webb county in August 2021. Out of all the counties, Webb county held a share of 100% for the firm. The company produced 54.9 boe/d in Webb county in August 2021, a decrease of 1.61% in production when compared with the previous month.
On a YTD basis, the county produced 456.33 boe/d for the company in 2021, a 29.32% decrease 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.