Stone Oak Operating recorded a decrease of 20.48% in total oil and gas production to 745.88 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Stone Oak Operating grew 469.94% in August 2021 from 130.87 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 1226.68% from the same period in 2020.
The company’s oil production grew 4.17% to 232.88 bd in August 2021 from the previous month, while gas production declined by 28.02% to 2.98 mmcf/d. On a YTD basis, oil production increased by 181.64% in 2021 when compared with the same period in 2020, while gas production rose by 11518.75%. Out of the total oil and gas production in August 2021, oil production held a 31.22% share, while gas production held a 68.88% share.
Looking at the states where Stone Oak Operating recorded the highest oil and gas production in August 2021, Oklahoma figured at the top, accounting for a 100% share. The company produced 739.13 boe/d in the state in August 2021, a decrease of 20.6% from the previous month.
On a YTD basis, the company produced 7,882.98 boe/d in Oklahoma in 2021, recording an increase of 1217.52% from the same period in 2020.
Stone Oak Operating witnessed the highest oil and gas production in Beaver county in August 2021. Out of all the counties, Beaver county held a share of 31.35% for the firm. The company produced 233.8 boe/d in Beaver county in August 2021, a decrease of 24.9% in production when compared with the previous month.
On a YTD basis, the county produced 3,344.44 boe/d for the company in 2021, a 1686.56% 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.