Citizen Energy III recorded an increase of 26.11% in total oil and gas production to 29,880.19 boe/d in June 2020 when compared with the previous month, according to GlobalData ’s USL48 database.

The oil and gas production of Citizen Energy III grew 9.44% in June 2020 from 27,303.51 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production increased by 0.97% from the same period in 2019.

The company’s oil production grew 8.43% to 20,937.29 bd in June 2020 from the previous month, while gas production up by 103.97% to 51.87 mmcf/d. On a YTD basis, oil production decreased by 14.52% in 2020 when compared with the same period in 2019, while gas production rose by 334.97%. Out of the total oil and gas production in June 2020, oil production held a 70.07% share, while gas production held a 29.93% share.


Looking at the states where Citizen Energy III recorded the highest oil and gas production in June 2020, Oklahoma figured at the top, accounting for a 100% share. The company produced 29,880.19 boe/d in the state in June 2020, an increase of 26.11% from the previous month.

On a YTD basis, the company produced 1,69,331.07 boe/d in Oklahoma in 2020, recording an increase of 0.97% from the same period in 2019.



Citizen Energy III witnessed the highest oil and gas production in Canadian county in June 2020. Out of all the counties, Canadian county held a share of 50.23% for the firm. The company produced 15,007.97 boe/d in Canadian county in June 2020, an increase of 47.41% in production when compared with the previous month.

On a YTD basis, the county produced 77,878.67 boe/d for the company in 2020, a 42.1% 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.