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August 18, 2022

B. E. Conway Energy records 24.41% decrease in production in April 2020

By Carmen

B. E. Conway Energy recorded a decrease of 24.41% in total oil and gas production to 171.97 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of B. E. Conway Energy declined 18.84% in April 2020 from 211.9 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 2.58% from the same period in 2019.

The company’s oil production declined 27.76% to 145 bd in April 2020 from the previous month, while gas production stood at 0.16 mmcf/d. On a YTD basis, oil production decreased by 3.11% in 2020 when compared with the same period in 2019, while gas production rose by 1.61%. Out of the total oil and gas production in April 2020, oil production held an 84.32% share, while gas production held a 16.04% share.


Looking at the states where B. E. Conway Energy recorded the highest oil and gas production in April 2020, California figured at the top, accounting for a 100% share. The company produced 171.97 boe/d in the state in April 2020, a decrease of 24.41% from the previous month.

On a YTD basis, the company produced 838.65 boe/d in California in 2020, recording a decrease of 2.58% from the same period in 2019.



B. E. Conway Energy witnessed the highest oil and gas production in Santa Barbara county in April 2020. Out of all the counties, Santa Barbara county held a share of 100% for the firm. The company produced 171.97 boe/d in Santa Barbara county in April 2020, a decrease of 24.41% in production when compared with the previous month.

On a YTD basis, the county produced 838.65 boe/d for the company in 2020, a 2.58% 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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