Redland Resources recorded a decrease of 29.61% in total oil and gas production to 743.75 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Redland Resources grew 12.53% in August 2021 from 660.93 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 46.54% from the same period in 2020.
The company’s oil production declined 9.59% to 578.65 bd in August 2021 from the previous month, while gas production declined by 60.33% to 0.96 mmcf/d. On a YTD basis, oil production increased by 20.89% in 2021 when compared with the same period in 2020, while gas production rose by 193.73%. Out of the total oil and gas production in August 2021, oil production held a 77.8% share, while gas production held a 22.25% share.
Looking at the states where Redland Resources recorded the highest oil and gas production in August 2021, Oklahoma figured at the top, accounting for a 100% share. The company produced 427.12 boe/d in the state in August 2021, a decrease of 40.63% from the previous month.
On a YTD basis, the company produced 4,344.05 boe/d in Oklahoma in 2021, recording a decrease of 9.97% from the same period in 2020.
Redland Resources witnessed the highest oil and gas production in Woods county in August 2021. Out of all the counties, Woods county held a share of 48.61% for the firm. The company produced 361.57 boe/d in Woods county in August 2021, a decrease of 12.94% in production when compared with the previous month.
On a YTD basis, the county produced 3,082.48 boe/d for the company in 2021, a 73.65% increase 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.