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December 13, 2021

Wheeler W Ridley Est records 3.37% decrease in production in August 2021

By Carmen

Wheeler W Ridley Est recorded a decrease of 3.37% in total oil and gas production to 51.54 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Wheeler W Ridley Est grew 13.7% in August 2021 from 45.33 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production decreased by 2.17% from the same period in 2020.

The company’s oil production declined 4.28% to 49.03 bd in August 2021 from the previous month, while gas production stood at 0.01 mmcf/d. On a YTD basis, oil production decreased by 2.9% in 2021 when compared with the same period in 2020, while gas production rose by 28.57%. Out of the total oil and gas production in August 2021, oil production held a 95.13% share, while gas production held a 3.34% share.


Looking at the states where Wheeler W Ridley Est recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 51.54 boe/d in the state in August 2021, a decrease of 3.37% from the previous month.

On a YTD basis, the company produced 360.81 boe/d in Texas in 2021, recording a decrease of 2.17% from the same period in 2020.



Wheeler W Ridley Est witnessed the highest oil and gas production in Lynn county in August 2021. Out of all the counties, Lynn county held a share of 41.56% for the firm. The company produced 21.42 boe/d in Lynn county in August 2021, an increase of 1.18% in production when compared with the previous month.

On a YTD basis, the county produced 159.45 boe/d for the company in 2021, a 32.41% increase 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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