RAW Crude Oil & Gas recorded a decrease of 14.3% in total oil and gas production to 167.98 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of RAW Crude Oil & Gas grew 2718.46% in August 2021 from 5.96 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 2165.79% from the same period in 2020.
The company’s oil production declined 1.28% to 60.89 bd in August 2021 from the previous month, while gas production declined by 20.51% to 0.62 mmcf/d. On a YTD basis, oil production increased by 758.74% in 2021 when compared with the same period in 2020, while gas production. Out of the total oil and gas production in August 2021, oil production held a 36.25% share, while gas production held a 63.63% share.
Looking at the states where RAW Crude Oil & Gas recorded the highest oil and gas production in August 2021, Oklahoma figured at the top, accounting for a 100% share. The company produced 167.98 boe/d in the state in August 2021, a decrease of 14.3% from the previous month.
On a YTD basis, the company produced 1,381.68 boe/d in Oklahoma in 2021, recording an increase of 2165.79% from the same period in 2020.
RAW Crude Oil & Gas witnessed the highest oil and gas production in Love county in August 2021. Out of all the counties, Love county held a share of 26.95% for the firm. The company produced 45.27 boe/d in Love county in August 2021, a decrease of 0.51% in production when compared with the previous month.
On a YTD basis, the county produced 376.81 boe/d for the company in 2021.
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.