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July 14, 2022

American Energy Partners records 14.02% decrease in production in March 2020

By Carmen

American Energy Partners recorded a decrease of 14.02% in total oil and gas production to 570.49 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of American Energy Partners declined 49.26% in March 2020 from 1,124.35 boe/d in March 2019.

On a YTD basis, the company’s total oil and gas production decreased by 36.61% from the same period in 2019.

The company’s oil production declined 24.29% to 55.7 bd in March 2020 from the previous month, while gas production declined by 12.57% to 2.99 mmcf/d. On a YTD basis, oil production decreased by 87.06% in 2020 when compared with the same period in 2019, while gas production rose by 10.36%. Out of the total oil and gas production in March 2020, oil production held a 9.76% share, while gas production held a 90.36% share.


Looking at the states where American Energy Partners recorded the highest oil and gas production in March 2020, Oklahoma figured at the top, accounting for a 100% share. The company produced 570.49 boe/d in the state in March 2020, a decrease of 14.02% from the previous month.

On a YTD basis, the company produced 1,853.59 boe/d in Oklahoma in 2020, recording a decrease of 36.61% from the same period in 2019.



American Energy Partners witnessed the highest oil and gas production in Hughes county in March 2020. Out of all the counties, Hughes county held a share of 91.24% for the firm. The company produced 520.52 boe/d in Hughes county in March 2020, a decrease of 13.77% in production when compared with the previous month.

On a YTD basis, the county produced 1,702.18 boe/d for the company in 2020, a 31.16% decrease 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.

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