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Bowline Energy recorded a decrease of 11.37% in total oil and gas production to 11,251.16 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Bowline Energy declined 48.68% in July 2020 from 21,924.15 boe/d in July 2019.
On a YTD basis, the company’s total oil and gas production decreased by 13.99% from the same period in 2019.
The company’s oil production declined 7.9% to 9,022.23 bd in July 2020 from the previous month, while gas production declined by 23.08% to 12.93 mmcf/d. On a YTD basis, oil production decreased by 14.53% in 2020 when compared with the same period in 2019, while gas production declined by 12.05%. Out of the total oil and gas production in July 2020, oil production held an 80.19% share, while gas production held a 19.81% share.
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By GlobalDataLooking at the states where Bowline Energy recorded the highest oil and gas production in July 2020, North Dakota figured at the top, accounting for a 100% share. The company produced 11,245.09 boe/d in the state in July 2020, a decrease of 11.4% from the previous month.
On a YTD basis, the company produced 1,13,680.65 boe/d in North Dakota in 2020, recording a decrease of 14.09% from the same period in 2019.
Bowline Energy witnessed the highest oil and gas production in Williams county in July 2020. Out of all the counties, Williams county held a share of 70.13% for the firm. The company produced 7,890.63 boe/d in Williams county in July 2020, a decrease of 5.82% in production when compared with the previous month.
On a YTD basis, the county produced 66,567.1 boe/d for the company in 2020, an 18.18% 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.
