Beach Exploration recorded an increase of 12.57% in total oil and gas production to 314.62 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Beach Exploration declined 3.01% in July 2020 from 324.39 boe/d in July 2019.
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On a YTD basis, the company’s total oil and gas production decreased by 23.84% from the same period in 2019.
The company’s oil production grew 7.84% to 283.18 bd in July 2020 from the previous month, while gas production up by 80% to 0.18 mmcf/d. On a YTD basis, oil production decreased by 24.79% in 2020 when compared with the same period in 2019, while gas production declined by 17.16%. Out of the total oil and gas production in July 2020, oil production held a 90.01% share, while gas production held a 9.86% share.
Looking at the states where Beach Exploration recorded the highest oil and gas production in July 2020, Texas figured at the top, accounting for a 100% share. The company produced 257.4 boe/d in the state in July 2020, an increase of 8.58% from the previous month.
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By GlobalDataOn a YTD basis, the company produced 1,422.21 boe/d in Texas in 2020, recording a decrease of 38.88% from the same period in 2019.
Beach Exploration witnessed the highest oil and gas production in Dawson county in July 2020. Out of all the counties, Dawson county held a share of 16.39% for the firm. The company produced 51.56 boe/d in Dawson county in July 2020, an increase of 58.11% in production when compared with the previous month.
On a YTD basis, the county produced 267.95 boe/d for the company in 2020, a 48.02% 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.
