Ballard Petroleum Holdings records 11.89% decrease in production in July 2020

Ballard Petroleum Holdings recorded a decrease of 11.89% in total oil and gas production to 10,254.88 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Ballard Petroleum Holdings grew 12.04% in July 2020 from 9,153.06 boe/d in July 2019.

On a YTD basis, the company’s total oil and gas production increased by 12.96% from the same period in 2019.

The company’s oil production declined 13.87% to 6,687.1 bd in July 2020 from the previous month, while gas production declined by 7.92% to 20.69 mmcf/d. On a YTD basis, oil production increased by 6.4% in 2020 when compared with the same period in 2019, while gas production rose by 30.4%. Out of the total oil and gas production in July 2020, oil production held a 65.21% share, while gas production held a 34.78% share.

Looking at the states where Ballard Petroleum Holdings recorded the highest oil and gas production in July 2020, Wyoming figured at the top, accounting for a 100% share. The company produced 9,847.71 boe/d in the state in July 2020, a decrease of 12.04% from the previous month.

On a YTD basis, the company produced 84,875.73 boe/d in Wyoming in 2020, recording an increase of 9.73% from the same period in 2019.

Ballard Petroleum Holdings witnessed the highest oil and gas production in Campbell county in July 2020. Out of all the counties, Campbell county held a share of 96.03% for the firm. The company produced 9,847.71 boe/d in Campbell county in July 2020, a decrease of 12.04% in production when compared with the previous month.

On a YTD basis, the county produced 84,875.73 boe/d for the company in 2020, a 14.16% increase 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.