Stone Mountain Petroleum recorded a decrease of 8.71% in total oil and gas production to 53.95 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Stone Mountain Petroleum declined 12.96% in August 2021 from 61.98 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 16.35% from the same period in 2020.

The company’s gas production declined by 8.82% to 0.31 mmcf/d in August 2021 from the previous month. On a YTD basis, gas production declined by 15.67% in 2021 when compared with the same period in 2020. Out of the total oil and gas production in August 2021, gas production held a 99.07% share.

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Looking at the states where Stone Mountain Petroleum recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 53.95 boe/d in the state in August 2021, a decrease of 8.71% from the previous month.

On a YTD basis, the company produced 438.31 boe/d in Texas in 2021, recording a decrease of 16.35% from the same period in 2020.



Stone Mountain Petroleum witnessed the highest oil and gas production in Liberty county in August 2021. Out of all the counties, Liberty county held a share of 100% for the firm. The company produced 53.95 boe/d in Liberty county in August 2021, a decrease of 8.71% in production when compared with the previous month.

On a YTD basis, the county produced 438.31 boe/d for the company in 2021, a 16.35% 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.