Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Approach Resources recorded an increase of 17.53% in total oil and gas production to 16,577.74 boe/d in August 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Approach Resources grew 80.96% in August 2021 from 9,161.15 boe/d in August 2020.

On a YTD basis, the company’s total oil and gas production increased by 12.56% from the same period in 2020.

The company’s oil production grew 17.33% to 3,804.26 bd in August 2021 from the previous month, while gas production up by 17.87% to 73.27 mmcf/d. On a YTD basis, oil production increased by 8.69% in 2021 when compared with the same period in 2020, while gas production rose by 14.43%. Out of the total oil and gas production in August 2021, oil production held a 22.95% share, while gas production held a 76.2% share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Looking at the states where Approach Resources recorded the highest oil and gas production in August 2021, Texas figured at the top, accounting for a 100% share. The company produced 16,577.74 boe/d in the state in August 2021, an increase of 17.53% from the previous month.

On a YTD basis, the company produced 86,262.94 boe/d in Texas in 2021, recording an increase of 12.56% from the same period in 2020.



Approach Resources witnessed the highest oil and gas production in Crockett county in August 2021. Out of all the counties, Crockett county held a share of 99.08% for the firm. The company produced 16,425.76 boe/d in Crockett county in August 2021, an increase of 17.66% in production when compared with the previous month.

On a YTD basis, the county produced 85,001.93 boe/d for the company in 2021, a 12.97% 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.