CapturePoint recorded an increase of 5.41% in total oil and gas production to 5,349.67 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of CapturePoint declined 10.26% in July 2020 from 5,961.44 boe/d in July 2019.
On a YTD basis, the company’s total oil and gas production decreased by 27.65% from the same period in 2019.
The company’s oil production grew 1.64% to 4,792.63 bd in July 2020 from the previous month, while gas production up by 54.55% to 3.23 mmcf/d. On a YTD basis, oil production decreased by 19.73% in 2020 when compared with the same period in 2019, while gas production declined by 74.47%. Out of the total oil and gas production in July 2020, oil production held an 89.59% share, while gas production held a 10.41% share.
Looking at the states where CapturePoint recorded the highest oil and gas production in July 2020, Texas figured at the top, accounting for a 100% share. The company produced 5,238.38 boe/d in the state in July 2020, an increase of 6.2% from the previous month.
On a YTD basis, the company produced 33,769.05 boe/d in Texas in 2020, recording a decrease of 29.25% from the same period in 2019.
CapturePoint witnessed the highest oil and gas production in Ochiltree county in July 2020. Out of all the counties, Ochiltree county held a share of 44.95% for the firm. The company produced 2,404.56 boe/d in Ochiltree county in July 2020, an increase of 2.04% in production when compared with the previous month.
On a YTD basis, the county produced 15,191.53 boe/d for the company in 2020, a 6.69% 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.
