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Hughes Eastern recorded an increase of 0.55% in total oil and gas production to 301.38 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Hughes Eastern grew 290.89% in August 2021 from 77.1 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 172.47% from the same period in 2020.

The company’s oil production declined 5.04% to 144.9 bd in August 2021 from the previous month, while gas production up by 7.06% to 0.91 mmcf/d. On a YTD basis, oil production increased by 106.28% in 2021 when compared with the same period in 2020, while gas production rose by 253.64%. Out of the total oil and gas production in August 2021, oil production held a 48.08% share, while gas production held a 52.06% share.

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Looking at the states where Hughes Eastern recorded the highest oil and gas production in August 2021, Alabama figured at the top, accounting for a 16.57% share. The company produced 201.03 boe/d in the state in August 2021, a decrease of 2.45% from the previous month.

On a YTD basis, the company produced 1,444 boe/d in Alabama in 2021, recording an increase of 71% from the same period in 2020.



Hughes Eastern witnessed the highest oil and gas production in Lamar county in August 2021. Out of all the counties, Lamar county held a share of 31.04% for the firm. The company produced 93.56 boe/d in Lamar county in August 2021, a decrease of 1.59% in production when compared with the previous month.

On a YTD basis, the county produced 690.34 boe/d for the company in 2021, a 263.6% 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.