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December 10, 2021

Thunder Basin Resources records 5.76% decrease in production in August 2021

By Carmen

Thunder Basin Resources recorded a decrease of 5.76% in total oil and gas production to 96.24 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Thunder Basin Resources declined 29.9% in August 2021 from 137.29 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 19.3% from the same period in 2020.

The company’s oil production declined 4.58% to 76.03 bd in August 2021 from the previous month, while gas production declined by 7.69% to 0.12 mmcf/d. On a YTD basis, oil production decreased by 20.71% in 2021 when compared with the same period in 2020, while gas production declined by 13.71%. Out of the total oil and gas production in August 2021, oil production held a 79% share, while gas production held a 21.5% share.


Looking at the states where Thunder Basin Resources recorded the highest oil and gas production in August 2021, Wyoming figured at the top, accounting for a 100% share. The company produced 96.24 boe/d in the state in August 2021, a decrease of 5.76% from the previous month.

On a YTD basis, the company produced 845.74 boe/d in Wyoming in 2021, recording a decrease of 19.3% from the same period in 2020.



Thunder Basin Resources witnessed the highest oil and gas production in Niobrara county in August 2021. Out of all the counties, Niobrara county held a share of 100% for the firm. The company produced 96.24 boe/d in Niobrara county in August 2021, a decrease of 5.76% in production when compared with the previous month.

On a YTD basis, the county produced 845.74 boe/d for the company in 2021, a 19.3% 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.

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