Mcclure Oil records 1.77% decrease in production in August 2021
Mcclure Oil recorded a decrease of 1.77% in total oil and gas production to 1,603.02 boe/d in August 2021 when compared with the previous month, according to GlobalData's USL48 database.
The oil and gas production of Mcclure Oil grew 26.3% in August 2021 from 1,269.24 boe/d in August 2020.
On a YTD basis, the company's total oil and gas production increased by 45.52% from the same period in 2020.
The company's oil production declined 1.21% to 1,232.2 bd in August 2021 from the previous month, while gas production declined by 3.59% to 2.15 mmcf/d. On a YTD basis, oil production increased by 47.12% in 2021 when compared with the same period in 2020, while gas production rose by 40.38%. Out of the total oil and gas production in August 2021, oil production held a 76.87% share, while gas production held a 23.12% share.
Looking at the states where Mcclure Oil recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 1,603.02 boe/d in the state in August 2021, a decrease of 1.77% from the previous month.
On a YTD basis, the company produced 12,958.22 boe/d in Texas in 2021, recording an increase of 45.41% from the same period in 2020.
Mcclure Oil witnessed the highest oil and gas production in Glasscock county in August 2021. Out of all the counties, Glasscock county held a share of 73.87% for the firm. The company produced 1,184.22 boe/d in Glasscock county in August 2021, a decrease of 4.12% in production when compared with the previous month.
On a YTD basis, the county produced 9,993.94 boe/d for the company in 2021, a 66.26% increase from the same period in 2020.
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