View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 13, 2021

XOG Resources records 7.17% decrease in production in August 2021

By Carmen

XOG Resources recorded a decrease of 7.17% in total oil and gas production to 312.69 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of XOG Resources declined 12.08% in August 2021 from 355.65 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 30.09% from the same period in 2020.

The company’s oil production declined 5.56% to 50.94 bd in August 2021 from the previous month, while gas production declined by 7.25% to 1.28 mmcf/d. On a YTD basis, oil production decreased by 22.99% in 2021 when compared with the same period in 2020, while gas production rose by 62.6%. Out of the total oil and gas production in August 2021, oil production held a 16.29% share, while gas production held a 70.57% share.


Looking at the states where XOG Resources recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 312.69 boe/d in the state in August 2021, a decrease of 7.17% from the previous month.

On a YTD basis, the company produced 2,550.7 boe/d in Texas in 2021, recording an increase of 30.09% from the same period in 2020.



XOG Resources witnessed the highest oil and gas production in Brazoria county in August 2021. Out of all the counties, Brazoria county held a share of 100% for the firm. The company produced 312.69 boe/d in Brazoria county in August 2021, a decrease of 7.17% in production when compared with the previous month.

On a YTD basis, the county produced 2,550.7 boe/d for the company in 2021, a 30.09% 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology