Brea Canon Oil recorded an increase of 41.69% in total oil and gas production to 393.83 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Brea Canon Oil declined 28.32% in April 2020 from 549.41 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production decreased by 34.55% from the same period in 2019.
The company’s oil production grew 38.4% to 368.73 bd in April 2020 from the previous month, while gas production up by 114.29% to 0.15 mmcf/d. On a YTD basis, oil production decreased by 33.5% in 2020 when compared with the same period in 2019, while gas production declined by 50.65%. Out of the total oil and gas production in April 2020, oil production held a 93.63% share, while gas production held a 6.57% share.
Looking at the states where Brea Canon Oil recorded the highest oil and gas production in April 2020, California figured at the top, accounting for a 100% share. The company produced 393.83 boe/d in the state in April 2020, an increase of 41.69% from the previous month.
On a YTD basis, the company produced 1,462.74 boe/d in California in 2020, recording a decrease of 34.55% from the same period in 2019.
Brea Canon Oil witnessed the highest oil and gas production in Los Angeles county in April 2020. Out of all the counties, Los Angeles county held a share of 100% for the firm. The company produced 393.83 boe/d in Los Angeles county in April 2020, an increase of 41.69% in production when compared with the previous month.
On a YTD basis, the county produced 1,462.74 boe/d for the company in 2020, a 34.55% 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.