Armstrong Operating recorded a decrease of 47.37% in total oil and gas production to 238.82 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Armstrong Operating declined 54.92% in March 2020 from 529.82 boe/d in March 2019.

On a YTD basis, the company’s total oil and gas production decreased by 31.94% from the same period in 2019.

The company’s oil production declined 47.28% to 217.42 bd in March 2020 from the previous month, while gas production declined by 50% to 0.12 mmcf/d. On a YTD basis, oil production decreased by 33.29% in 2020 when compared with the same period in 2019, while gas production declined by 14.29%. Out of the total oil and gas production in March 2020, oil production held a 91.04% share, while gas production held an 8.66% share.


Looking at the states where Armstrong Operating recorded the highest oil and gas production in March 2020, North Dakota figured at the top, accounting for a 3.01% share. The company produced 181.35 boe/d in the state in March 2020, a decrease of 49.4% from the previous month.

On a YTD basis, the company produced 882.45 boe/d in North Dakota in 2020, recording a decrease of 46.81% from the same period in 2019.



Armstrong Operating witnessed the highest oil and gas production in Stark county in March 2020. Out of all the counties, Stark county held a share of 45.43% for the firm. The company produced 108.5 boe/d in Stark county in March 2020, a decrease of 48.5% in production when compared with the previous month.

On a YTD basis, the county produced 525.58 boe/d for the company in 2020, a 47.59% 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.