Citizen Energy III recorded a decrease of 9.73% in total oil and gas production to 27,174.44 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Citizen Energy III declined 3.55% in April 2020 from 28,174.39 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production increased by 4.8% from the same period in 2019.
The company’s oil production declined 14.37% to 22,030.3 bd in April 2020 from the previous month, while gas production up by 17.53% to 29.84 mmcf/d. On a YTD basis, oil production decreased by 8.31% in 2020 when compared with the same period in 2019, while gas production rose by 235.94%. Out of the total oil and gas production in April 2020, oil production held an 81.07% share, while gas production held an 18.93% share.
Looking at the states where Citizen Energy III recorded the highest oil and gas production in April 2020, Oklahoma figured at the top, accounting for a 100% share. The company produced 27,174.44 boe/d in the state in April 2020, a decrease of 9.73% from the previous month.
On a YTD basis, the company produced 1,17,341.65 boe/d in Oklahoma in 2020, recording an increase of 4.8% from the same period in 2019.
Citizen Energy III witnessed the highest oil and gas production in Canadian county in April 2020. Out of all the counties, Canadian county held a share of 46.85% for the firm. The company produced 12,730.82 boe/d in Canadian county in April 2020, a decrease of 15.45% in production when compared with the previous month.
On a YTD basis, the county produced 53,431.79 boe/d for the company in 2020, a 52.22% increase 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.