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December 9, 2021

Shuler Drilling records 21.42% decrease in production in August 2021

By Carmen

Shuler Drilling recorded a decrease of 21.42% in total oil and gas production to 42.74 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Shuler Drilling grew 22.82% in August 2021 from 34.8 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 19.12% from the same period in 2020.

The company’s oil production declined 21.42% to 42.74 bd in August 2021 from the previous month. On a YTD basis, oil production increased by 19.61% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in August 2021, oil production held a 100% share.


Looking at the states where Shuler Drilling recorded the highest oil and gas production in August 2021, Arkansas figured at the top. The company produced 42.74 boe/d in the state in August 2021, a decrease of 21.42% from the previous month.

On a YTD basis, the company produced 348.79 boe/d in Arkansas in 2021, recording an increase of 19.12% from the same period in 2020.



Shuler Drilling witnessed the highest oil and gas production in Union county in August 2021. Out of all the counties, Union county held a share of 80.37% for the firm. The company produced 34.35 boe/d in Union county in August 2021, a decrease of 12.28% in production when compared with the previous month.

On a YTD basis, the county produced 285.83 boe/d for the company in 2021, a 7.74% increase 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.

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