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November 5, 2021updated 07 Nov 2021 3:18pm

West Virginia oil and gas production activity declined by 10.15% in June 2021

By Carmen

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.

 

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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.

 


 

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.

More in-depth reports and analysis on all reported information are available to subscribers through GlobalData’s Oil and Gas database.

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