West Virginia witnessed a decrease of 10.15% in total oil and gas production to 14,93,918.68 boe/d in June 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The total oil and gas production grew by 6.42% over the 12-month period from 14,03,779.75 boe/d in June 2020. On a YTD basis, the total oil and gas production in 2021 increased by 11.82% from the same period in 2020.
In June 2021, oil production declined by 1.62% to 61,156.82 bd as against the previous month, while gas production up by 1.23% to 7,324.22 mmcf/d.
On a YTD basis, oil production increased by 3.28% in 2021 when compared with the same period in 2020, while gas production rose by 4.74%. Out of the total oil and gas production in June 2021, oil held a 4.09% share, while gas had an 84.53% share.
In West Virginia, Antero Resources emerged as the largest oil and gas producer, recording a total oil and gas production at 5,14,758.38 boe/d in June 2021, a decrease of 27.49% from the previous month. The company held a 17.28% share in oil production and 39.92% share in gas production in June 2021.
On a YTD basis, the company registered a 23.11% increase in total oil and gas production from the same period in 2020.
Compared with other counties in West Virginia, Tyler county recorded the highest oil and gas production, holding a 24.4% share in June 2021. The county witnessed a 27.1% decrease in production to 3,64,528.57 boe/d in June 2021 when compared with the previous month.
On a YTD basis, Tyler registered an increase of 48.71% in total production from the same period in 2020.
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