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December 13, 2021

Whitehead Resources records 1.77% decrease in production in August 2021

By Carmen

Whitehead Resources recorded a decrease of 1.77% in total oil and gas production to 182.57 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Whitehead Resources grew 5101.42% in August 2021 from 3.51 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 804.31% from the same period in 2020.

The company’s oil production declined 0.29% to 177.92 bd in August 2021 from the previous month, while gas production declined by 25% to 0.03 mmcf/d. On a YTD basis, oil production increased by 3723.44% in 2021 when compared with the same period in 2020, while gas production declined by 63.93%. Out of the total oil and gas production in August 2021, oil production held a 97.45% share, while gas production held a 2.83% share.


Looking at the states where Whitehead Resources recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 182.57 boe/d in the state in August 2021, a decrease of 1.77% from the previous month.

On a YTD basis, the company produced 1,235.56 boe/d in Texas in 2021, recording an increase of 804.31% from the same period in 2020.



Whitehead Resources witnessed the highest oil and gas production in Jasper county in August 2021. Out of all the counties, Jasper county held a share of 75.34% for the firm. The company produced 137.55 boe/d in Jasper county in August 2021, a decrease of 2.61% in production when compared with the previous month.

On a YTD basis, the county produced 920.32 boe/d for the company in 2021, a 781.53% 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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