SHD Oil & Gas recorded a decrease of 15.9% in total oil and gas production to 712.78 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of SHD Oil & Gas declined 53.5% in August 2021 from 1,532.89 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 33.32% from the same period in 2020.
The company’s oil production declined 17.25% to 568.25 bd in August 2021 from the previous month, while gas production declined by 9.68% to 0.84 mmcf/d. On a YTD basis, oil production increased by 29.85% in 2021 when compared with the same period in 2020, while gas production rose by 52.99%. Out of the total oil and gas production in August 2021, oil production held a 79.72% share, while gas production held a 20.32% share.
Looking at the states where SHD Oil & Gas recorded the highest oil and gas production in August 2021, North Dakota figured at the top, accounting for a 100% share. The company produced 712.78 boe/d in the state in August 2021, a decrease of 15.9% from the previous month.
On a YTD basis, the company produced 7,705.95 boe/d in North Dakota in 2021, recording an increase of 33.32% from the same period in 2020.
SHD Oil & Gas witnessed the highest oil and gas production in Mclean county in August 2021. Out of all the counties, Mclean county held a share of 57.6% for the firm. The company produced 410.59 boe/d in Mclean county in August 2021, a decrease of 27.07% in production when compared with the previous month.
On a YTD basis, the county produced 5,398.42 boe/d for the company in 2021, a 6.89% 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.