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September 15, 2022

Bison Oil & Gas records 10.24% decrease in production in May 2020

By Carmen

Bison Oil & Gas recorded a decrease of 10.24% in total oil and gas production to 11,582.45 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Bison Oil & Gas declined 6.06% in May 2020 from 12,329.25 boe/d in May 2019.

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

The company’s oil production declined 11.8% to 9,470.19 bd in May 2020 from the previous month, while gas production declined by 2.47% to 12.25 mmcf/d. On a YTD basis, oil production increased by 2.48% in 2020 when compared with the same period in 2019, while gas production declined by 10.09%. Out of the total oil and gas production in May 2020, oil production held an 81.76% share, while gas production held an 18.23% share.


Looking at the states where Bison Oil & Gas recorded the highest oil and gas production in May 2020, Colorado figured at the top, accounting for a 100% share. The company produced 11,582.45 boe/d in the state in May 2020, a decrease of 10.24% from the previous month.

On a YTD basis, the company produced 48,393.19 boe/d in Colorado in 2020 from the same period in 2019.



Bison Oil & Gas witnessed the highest oil and gas production in Weld county in May 2020. Out of all the counties, Weld county held a share of 100% for the firm. The company produced 11,582.45 boe/d in Weld county in May 2020, a decrease of 10.24% in production when compared with the previous month.

On a YTD basis, the county produced 48,393.19 boe/d for the company in 2020.



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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