Sabre Operating recorded a decrease of 12.66% in total oil and gas production to 323.34 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Sabre Operating grew 142.4% in August 2021 from 133.39 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 129.42% from the same period in 2020.
The company’s oil production declined 47.56% to 30.56 bd in August 2021 from the previous month, while gas production declined by 6.08% to 1.7 mmcf/d. On a YTD basis, oil production increased by 14.65% in 2021 when compared with the same period in 2020, while gas production rose by 179.28%. Out of the total oil and gas production in August 2021, oil production held a 9.45% share, while gas production held a 90.65% share.
Looking at the states where Sabre Operating recorded the highest oil and gas production in August 2021, Oklahoma figured at the top, accounting for a 36.99% share. The company produced 197.15 boe/d in the state in August 2021, a decrease of 17.4% from the previous month.
On a YTD basis, the company produced 1,860.57 boe/d in Oklahoma in 2021, recording an increase of 49.94% from the same period in 2020.
Sabre Operating witnessed the highest oil and gas production in Texas county in August 2021. Out of all the counties, Texas county held a share of 23.09% for the firm. The company produced 74.65 boe/d in Texas county in August 2021, a decrease of 6.49% in production when compared with the previous month.
On a YTD basis, the county produced 626.92 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.