Seagull Operating recorded an increase of 0.2% in total oil and gas production to 123.98 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Seagull Operating grew 14.28% in August 2021 from 108.49 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production decreased by 7.6% from the same period in 2020.
The company’s oil production declined 1.88% to 121.41 bd in August 2021 from the previous month, while gas production stood at 0.01 mmcf/d. On a YTD basis, oil production decreased by 7.05% in 2021 when compared with the same period in 2020, while gas production declined by 80%. Out of the total oil and gas production in August 2021, oil production held a 97.93% share, while gas production held a 1.39% share.
Looking at the states where Seagull Operating recorded the highest oil and gas production in August 2021, Louisiana figured at the top, accounting for a 25.4% share. The company produced 93.57 boe/d in the state in August 2021, an increase of 11.69% from the previous month.
On a YTD basis, the company produced 707.6 boe/d in Louisiana in 2021, recording a decrease of 31.6% from the same period in 2020.
Seagull Operating witnessed the highest oil and gas production in Caddo county in August 2021. Out of all the counties, Caddo county held a share of 52.11% for the firm. The company produced 64.61 boe/d in Caddo county in August 2021, an increase of 19.49% in production when compared with the previous month.
On a YTD basis, the county produced 464.24 boe/d for the company in 2021, an 8.45% 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.