Wheeler Operating recorded a decrease of 10.03% in total oil and gas production to 347.3 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Wheeler Operating grew 100.47% in August 2021 from 173.24 boe/d in August 2020.
On a YTD basis, the company’s total oil and gas production increased by 81.04% from the same period in 2020.
The company’s oil production declined 10.22% to 344.99 bd in August 2021 from the previous month, while gas production stood at 0.01 mmcf/d. On a YTD basis, oil production increased by 82.66% in 2021 when compared with the same period in 2020, while gas production declined by 36.36%. Out of the total oil and gas production in August 2021, oil production held a 99.33% share, while gas production held a 0.5% share.
Looking at the states where Wheeler Operating recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 347.3 boe/d in the state in August 2021, a decrease of 10.03% from the previous month.
On a YTD basis, the company produced 2,464.06 boe/d in Texas in 2021, recording an increase of 81.04% from the same period in 2020.
Wheeler Operating witnessed the highest oil and gas production in Hockley county in August 2021. Out of all the counties, Hockley county held a share of 57.26% for the firm. The company produced 198.87 boe/d in Hockley county in August 2021, an increase of 3.61% in production when compared with the previous month.
On a YTD basis, the county produced 1,460.45 boe/d for the company in 2021, a 108.61% 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.