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Sunshine Valley Petroleum recorded an increase of 2.76% in total oil and gas production to 381.24 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Sunshine Valley Petroleum grew 71.07% in August 2021 from 222.86 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 4.16% from the same period in 2020.
The company’s oil production grew 3.08% to 335.29 bd in August 2021 from the previous month, while gas production stood at 0.27 mmcf/d. On a YTD basis, oil production increased by 3.12% in 2021 when compared with the same period in 2020, while gas production rose by 11.64%. Out of the total oil and gas production in August 2021, oil production held an 87.95% share, while gas production held a 12.21% share.
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By GlobalDataLooking at the states where Sunshine Valley Petroleum recorded the highest oil and gas production in August 2021, Wyoming figured at the top, accounting for a 100% share. The company produced 381.24 boe/d in the state in August 2021, an increase of 2.76% from the previous month.
On a YTD basis, the company produced 2,793.78 boe/d in Wyoming in 2021, recording an increase of 4.16% from the same period in 2020.
Sunshine Valley Petroleum witnessed the highest oil and gas production in Niobrara county in August 2021. Out of all the counties, Niobrara county held a share of 45.19% for the firm. The company produced 172.3 boe/d in Niobrara county in August 2021, an increase of 12.38% in production when compared with the previous month.
On a YTD basis, the county produced 1,249.48 boe/d for the company in 2021, a 0.15% 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.
