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September 15, 2022

Canyon Creek Energy Arkoma records 7.52% decrease in production in May 2020

By Carmen

Canyon Creek Energy Arkoma recorded a decrease of 7.52% in total oil and gas production to 1,442.51 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Canyon Creek Energy Arkoma grew 440.53% in May 2020 from 266.87 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production increased by 629.72% from the same period in 2019.

The company’s oil production declined 28.35% to 82.49 bd in May 2020 from the previous month, while gas production declined by 5.85% to 7.89 mmcf/d. On a YTD basis, oil production decreased by 45.74% in 2020 when compared with the same period in 2019, while gas production rose by 7634.48%. Out of the total oil and gas production in May 2020, oil production held a 5.72% share, while gas production held a 94.3% share.


Looking at the states where Canyon Creek Energy Arkoma recorded the highest oil and gas production in May 2020, Oklahoma figured at the top, accounting for a 100% share. The company produced 1,442.51 boe/d in the state in May 2020, a decrease of 7.52% from the previous month.

On a YTD basis, the company produced 8,296.89 boe/d in Oklahoma in 2020, recording an increase of 629.72% from the same period in 2019.



Canyon Creek Energy Arkoma witnessed the highest oil and gas production in Hughes county in May 2020. Out of all the counties, Hughes county held a share of 73.14% for the firm. The company produced 1,055.08 boe/d in Hughes county in May 2020, a decrease of 0.58% in production when compared with the previous month.

On a YTD basis, the county produced 6,047.62 boe/d for the company in 2020, a 71469.47% 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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