Baker, Brent Oil & Gas, records 21.55% decrease in production in July 2020

Baker, Brent Oil & Gas, recorded a decrease of 21.55% in total oil and gas production to 185.78 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Baker, Brent Oil & Gas, declined 16.27% in July 2020 from 221.88 boe/d in July 2019.

On a YTD basis, the company’s total oil and gas production increased by 25.04% from the same period in 2019.

The company’s oil production declined 51.25% to 44.6 bd in July 2020 from the previous month, while gas production declined by 2.38% to 0.82 mmcf/d. On a YTD basis, oil production increased by 83.31% in 2020 when compared with the same period in 2019, while gas production rose by 9.28%. Out of the total oil and gas production in July 2020, oil production held a 24.01% share, while gas production held a 76.1% share.

Looking at the states where Baker, Brent Oil & Gas, recorded the highest oil and gas production in July 2020, Oklahoma figured at the top. The company produced 185.78 boe/d in the state in July 2020, a decrease of 21.55% from the previous month.

On a YTD basis, the company produced 1,473.54 boe/d in Oklahoma in 2020, recording an increase of 24.7% from the same period in 2019.

Baker, Brent Oil & Gas, witnessed the highest oil and gas production in Grady county in July 2020. Out of all the counties, Grady county held a share of 57.78% for the firm. The company produced 107.35 boe/d in Grady county in July 2020, a decrease of 0.84% in production when compared with the previous month.

On a YTD basis, the county produced 762.36 boe/d for the company in 2020, a 2.02% 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.