Mccormick Operating recorded a decrease of 0.24% in total oil and gas production to 467.23 boe/d in July 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Mccormick Operating declined 7.15% in July 2021 from 503.23 boe/d in July 2020.

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On a YTD basis, the company’s total oil and gas production decreased by 11.63% from the same period in 2020.

The company’s oil production declined 31.11% to 9.39 bd in July 2021 from the previous month, while gas production up by 0.39% to 2.6 mmcf/d. On a YTD basis, oil production increased by 461.48% in 2021 when compared with the same period in 2020, while gas production declined by 11.93%. Out of the total oil and gas production in July 2021, oil production held a 2.01% share, while gas production held a 95.94% share.

 

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Looking at the states where Mccormick Operating recorded the highest oil and gas production in July 2021, Texas figured at the top, accounting for a 100% share. The company produced 467.23 boe/d in the state in July 2021, a decrease of 0.24% from the previous month.

On a YTD basis, the company produced 3,257.04 boe/d in Texas in 2021, recording a decrease of 11.63% from the same period in 2020.

 


 

Mccormick Operating witnessed the highest oil and gas production in Rusk county in July 2021. Out of all the counties, Rusk county held a share of 62.78% for the firm. The company produced 293.34 boe/d in Rusk county in July 2021, an increase of 2.9% in production when compared with the previous month.

On a YTD basis, the county produced 1,952.01 boe/d for the company in 2021, an 11.5% decrease 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.

More in-depth reports and analysis on all reported information are available to subscribers through GlobalData’s Oil and Gas database.