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August 18, 2022

Boaz Energy II Operating records 11.38% decrease in production in April 2020

By Carmen

Boaz Energy II Operating recorded a decrease of 11.38% in total oil and gas production to 1,670.58 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Boaz Energy II Operating declined 23.37% in April 2020 from 2,180.18 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 19.71% from the same period in 2019.

The company’s oil production declined 11.45% to 1,421.08 bd in April 2020 from the previous month, while gas production declined by 11.18% to 1.43 mmcf/d. On a YTD basis, oil production decreased by 18.49% in 2020 when compared with the same period in 2019, while gas production declined by 27%. Out of the total oil and gas production in April 2020, oil production held an 85.07% share, while gas production held a 14.76% share.


Looking at the states where Boaz Energy II Operating recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 1,670.58 boe/d in the state in April 2020, a decrease of 11.38% from the previous month.

On a YTD basis, the company produced 7,571.72 boe/d in Texas in 2020, recording a decrease of 19.71% from the same period in 2019.



Boaz Energy II Operating witnessed the highest oil and gas production in Terry county in April 2020. Out of all the counties, Terry county held a share of 51.51% for the firm. The company produced 860.54 boe/d in Terry county in April 2020, a decrease of 6% in production when compared with the previous month.

On a YTD basis, the county produced 3,780.97 boe/d for the company in 2020, a 13.16% 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.

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