Stone Creek Operating records 13.38% decrease in production in August 2021

Stone Creek Operating recorded a decrease of 13.38% in total oil and gas production to 452.63 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Stone Creek Operating declined 37.67% in August 2021 from 726.16 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 36.32% from the same period in 2020.

The company’s oil production declined 13.5% to 436.39 bd in August 2021 from the previous month, while gas production declined by 10% to 0.09 mmcf/d. On a YTD basis, oil production decreased by 36.06% in 2021 when compared with the same period in 2020, while gas production declined by 43.88%. Out of the total oil and gas production in August 2021, oil production held a 96.41% share, while gas production held a 3.43% share.

Looking at the states where Stone Creek Operating recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 322.4 boe/d in the state in August 2021, a decrease of 6.14% from the previous month.

On a YTD basis, the company produced 2,540.07 boe/d in Texas in 2021, recording a decrease of 63.57% from the same period in 2020.

Stone Creek Operating witnessed the highest oil and gas production in Crockett county in August 2021. Out of all the counties, Crockett county held a share of 71.23% for the firm. The company produced 322.4 boe/d in Crockett county in August 2021, a decrease of 6.14% in production when compared with the previous month.

On a YTD basis, the county produced 2,540.07 boe/d for the company in 2021, a 12.48% 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.