Vernon E Faulconer recorded a decrease of 2.83% in total oil and gas production to 562.02 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Vernon E Faulconer grew 61.85% in August 2021 from 347.25 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 15.09% from the same period in 2020.
The company’s oil production declined 18.07% to 35.42 bd in August 2021 from the previous month, while gas production declined by 1.61% to 3.05 mmcf/d. On a YTD basis, oil production increased by 5.53% in 2021 when compared with the same period in 2020, while gas production rose by 15.93%. Out of the total oil and gas production in August 2021, oil production held a 6.3% share, while gas production held a 93.56% share.
Looking at the states where Vernon E Faulconer recorded the highest oil and gas production in August 2021, Louisiana figured at the top, accounting for a 61.46% share. The company produced 348.08 boe/d in the state in August 2021, an increase of 14.24% from the previous month.
On a YTD basis, the company produced 2,696.15 boe/d in Louisiana in 2021, recording a decrease of 23.4% from the same period in 2020.
Vernon E Faulconer witnessed the highest oil and gas production in Eddy county in August 2021. Out of all the counties, Eddy county held a share of 35.77% for the firm. The company produced 201.06 boe/d in Eddy county in August 2021, a decrease of 23.06% in production when compared with the previous month.
On a YTD basis, the county produced 1,294.26 boe/d for the company in 2021, a 433.08% 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.