Tex OK Energy recorded a decrease of 38.2% in total oil and gas production to 108.66 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Tex OK Energy grew 1711% in August 2021 from 6 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 2115.38% from the same period in 2020.

The company’s oil production grew 7.94% to 44.07 bd in August 2021 from the previous month, while gas production declined by 52.56% to 0.37 mmcf/d. On a YTD basis, oil production increased by 446.6% in 2021 when compared with the same period in 2020, while gas production. Out of the total oil and gas production in August 2021, oil production held a 40.56% share, while gas production held a 58.71% share.


Looking at the states where Tex OK Energy recorded the highest oil and gas production in August 2021, Oklahoma figured at the top, accounting for a 5.27% share. The company produced 103.22 boe/d in the state in August 2021, a decrease of 38.74% from the previous month.

On a YTD basis, the company produced 1,330.61 boe/d in Oklahoma in 2021, recording an increase of 2055.88% from the same period in 2020.

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By GlobalData


Tex OK Energy witnessed the highest oil and gas production in Beaver county in August 2021. Out of all the counties, Beaver county held a share of 65.73% for the firm. The company produced 71.42 boe/d in Beaver county in August 2021, a decrease of 43.05% in production when compared with the previous month.

On a YTD basis, the county produced 957.36 boe/d for the company in 2021, a 25566.49% 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.