Ballantyne Oil recorded a decrease of 17.31% in total oil and gas production to 815.01 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Ballantyne Oil declined 24.99% in April 2020 from 1,086.49 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production decreased by 4.38% from the same period in 2019.
The company’s oil production declined 17.27% to 783.6 bd in April 2020 from the previous month, while gas production declined by 18.18% to 0.18 mmcf/d. On a YTD basis, oil production decreased by 4.08% in 2020 when compared with the same period in 2019, while gas production declined by 11.88%. Out of the total oil and gas production in April 2020, oil production held a 96.15% share, while gas production held a 3.81% share.
Looking at the states where Ballantyne Oil recorded the highest oil and gas production in April 2020, North Dakota figured at the top, accounting for a 100% share. The company produced 815.01 boe/d in the state in April 2020, a decrease of 17.31% from the previous month.
On a YTD basis, the company produced 3,900.51 boe/d in North Dakota in 2020, recording a decrease of 4.38% from the same period in 2019.
Ballantyne Oil witnessed the highest oil and gas production in Bottineau county in April 2020. Out of all the counties, Bottineau county held a share of 88.73% for the firm. The company produced 723.19 boe/d in Bottineau county in April 2020, a decrease of 18.14% in production when compared with the previous month.
On a YTD basis, the county produced 3,503.83 boe/d for the company in 2020, a 6.83% decrease from the same period in 2019.
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.