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  1. Market Data
September 15, 2022

Chisos records in production in May 2020

By Carmen

Chisos recorded in total oil and gas production to 225.42 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Chisos declined 33.25% in May 2020 from 337.73 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 45.08% from the same period in 2019.

The company’s gas production stood at 1.31 mmcf/d. On a YTD basis, oil production decreased by 95.38% in 2020 when compared with the same period in 2019, while gas production declined by 42.25%. Out of the total oil and gas production in May 2020, gas production held a 100.2% share.


Looking at the states where Chisos recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 225.42 boe/d in the state in May 2020 from the previous month.

On a YTD basis, the company produced 903.75 boe/d in Texas in 2020, recording a decrease of 47.32% from the same period in 2019.



Chisos witnessed the highest oil and gas production in Rusk county in May 2020. Out of all the counties, Rusk county held a share of 69.14% for the firm.

On a YTD basis, the county produced 564.78 boe/d for the company in 2020, a 37.76% 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.

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