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August 18, 2022

Bonanza Creek Energy, Inc. – Management Team records 3.54% decrease in production in April 2020

By Carmen

Bonanza Creek Energy, Inc. – Management Team recorded a decrease of 3.54% in total oil and gas production to 38,060.49 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Bonanza Creek Energy, Inc. – Management Team grew 2.89% in April 2020 from 36,991.43 boe/d in April 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 2.53% to 24,695.31 bd in April 2020 from the previous month, while gas production declined by 5.32% to 77.52 mmcf/d. On a YTD basis, oil production increased by 2.99% in 2020 when compared with the same period in 2019, while gas production rose by 36.45%. Out of the total oil and gas production in April 2020, oil production held a 64.88% share, while gas production held a 35.12% share.


Looking at the states where Bonanza Creek Energy, Inc. – Management Team recorded the highest oil and gas production in April 2020, Colorado figured at the top. The company produced 38,058.81 boe/d in the state in April 2020, a decrease of 3.54% from the previous month.

On a YTD basis, the company produced 1,51,980.18 boe/d in Colorado in 2020, recording an increase of 12.96% from the same period in 2019.



Bonanza Creek Energy, Inc. – Management Team witnessed the highest oil and gas production in Weld county in April 2020. Out of all the counties, Weld county held a share of 100% for the firm. The company produced 38,058.81 boe/d in Weld county in April 2020, a decrease of 3.54% in production when compared with the previous month.

On a YTD basis, the county produced 1,51,980.18 boe/d for the company in 2020, a 12.97% 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.

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