Black Arrow Operating recorded an increase of 90.48% in total oil and gas production to 93.03 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Black Arrow Operating declined 75.87% in June 2020 from 385.48 boe/d in June 2019.
On a YTD basis, the company’s total oil and gas production decreased by 44.69% from the same period in 2019.
The company’s oil production grew 93.73% to 89.87 bd in June 2020 from the previous month, while gas production up by 100% to 0.02 mmcf/d. On a YTD basis, oil production decreased by 35% in 2020 when compared with the same period in 2019, while gas production declined by 92.38%. Out of the total oil and gas production in June 2020, oil production held a 96.6% share, while gas production held a 3.71% share.
Looking at the states where Black Arrow Operating recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 93.03 boe/d in the state in June 2020, an increase of 90.48% from the previous month.
On a YTD basis, the company produced 1,261.05 boe/d in Texas in 2020, recording a decrease of 44.69% from the same period in 2019.
Black Arrow Operating witnessed the highest oil and gas production in Winkler county in June 2020. Out of all the counties, Winkler county held a share of 44.49% for the firm. The company produced 41.39 boe/d in Winkler county in June 2020, an increase of 65.23% in production when compared with the previous month.
On a YTD basis, the county produced 606.36 boe/d for the company in 2020, a 48.05% 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.