View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
August 18, 2022

Contango Oil & Gas records 9.43% decrease in production in April 2020

By Carmen

Contango Oil & Gas recorded a decrease of 9.43% in total oil and gas production to 70,623.75 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Contango Oil & Gas declined 13.52% in April 2020 from 81,665.94 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 7.46% from the same period in 2019.

The company’s oil production declined 13.32% to 42,582.58 bd in April 2020 from the previous month, while gas production declined by 2.77% to 162.6 mmcf/d. On a YTD basis, oil production decreased by 10.44% in 2020 when compared with the same period in 2019, while gas production declined by 2.27%. Out of the total oil and gas production in April 2020, oil production held a 60.29% share, while gas production held a 39.69% share.


Looking at the states where Contango Oil & Gas recorded the highest oil and gas production in April 2020, Wyoming figured at the top, accounting for a 100% share. The company produced 32,064.35 boe/d in the state in April 2020, a decrease of 10.66% from the previous month.

On a YTD basis, the company produced 1,42,152.38 boe/d in Wyoming in 2020, recording a decrease of 57.99% from the same period in 2019.



Contango Oil & Gas witnessed the highest oil and gas production in Fremont county in April 2020. Out of all the counties, Fremont county held a share of 20.63% for the firm. The company produced 14,572.34 boe/d in Fremont county in April 2020, a decrease of 1.44% in production when compared with the previous month.

On a YTD basis, the county produced 59,782.05 boe/d for the company in 2020, a 15.88% 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology