1920 Energy recorded a decrease of 7.93% in total oil and gas production to 7,051.32 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of 1920 Energy grew 50.16% in June 2020 from 4,695.72 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production increased by 125.97% from the same period in 2019.

The company’s gas production declined by 7.11% to 28.11 mmcf/d in June 2020 from the previous month. On a YTD basis, gas production rose by 139.62% in 2020 when compared with the same period in 2019. Out of the total oil and gas production in June 2020, gas production held a 68.73% share.


Looking at the states where 1920 Energy recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 7,051.32 boe/d in the state in June 2020, a decrease of 7.93% from the previous month.

On a YTD basis, the company produced 50,555.25 boe/d in Texas in 2020, recording an increase of 125.97% from the same period in 2019.



1920 Energy witnessed the highest oil and gas production in Reeves county in June 2020. Out of all the counties, Reeves county held a share of 88.66% for the firm. The company produced 6,251.59 boe/d in Reeves county in June 2020, a decrease of 10.27% in production when compared with the previous month.

On a YTD basis, the county produced 43,952.51 boe/d for the company in 2020, a 177.77% increase from the same period in 2019.



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.