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Clear Fork recorded an increase of 13.52% in total oil and gas production to 6,846.21 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Clear Fork grew 150.16% in July 2020 from 2,736.78 boe/d in July 2019.
On a YTD basis, the company’s total oil and gas production increased by 190.48% from the same period in 2019.
The company’s oil production grew 13.01% to 5,608.96 bd in July 2020 from the previous month, while gas production up by 15.99% to 7.18 mmcf/d. On a YTD basis, oil production increased by 176.95% in 2020 when compared with the same period in 2019, while gas production rose by 298.58%. Out of the total oil and gas production in July 2020, oil production held an 81.93% share, while gas production held an 18.08% share.
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By GlobalDataLooking at the states where Clear Fork recorded the highest oil and gas production in July 2020, Texas figured at the top, accounting for a 100% share. The company produced 6,846.21 boe/d in the state in July 2020, an increase of 13.52% from the previous month.
On a YTD basis, the company produced 34,899.77 boe/d in Texas in 2020, recording an increase of 190.48% from the same period in 2019.
Clear Fork witnessed the highest oil and gas production in Fisher county in July 2020. Out of all the counties, Fisher county held a share of 49.63% for the firm. The company produced 3,398.06 boe/d in Fisher county in July 2020, an increase of 54.31% in production when compared with the previous month.
On a YTD basis, the county produced 19,447.71 boe/d for the company in 2020, a 599.75% 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.
