Continental Resources recorded a decrease of 7.7% in total oil and gas production to 2,06,676.59 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Continental Resources declined 59.3% in June 2020 from 5,07,754.88 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 18.34% from the same period in 2019.

The company’s oil production grew 4.37% to 1,33,013.44 bd in June 2020 from the previous month, while gas production declined by 23.64% to 427.24 mmcf/d. On a YTD basis, oil production decreased by 18.72% in 2020 when compared with the same period in 2019, while gas production declined by 17.64%. Out of the total oil and gas production in June 2020, oil production held a 64.36% share, while gas production held a 35.64% share.


Looking at the states where Continental Resources recorded the highest oil and gas production in June 2020, Oklahoma figured at the top, accounting for a 47.05% share. The company produced 83,208.89 boe/d in the state in June 2020, an increase of 55.87% from the previous month.

On a YTD basis, the company produced 5,79,344.71 boe/d in Oklahoma in 2020, recording a decrease of 80.76% from the same period in 2019.



Continental Resources witnessed the highest oil and gas production in Converse county in June 2020. Out of all the counties, Converse county held a share of 18.59% for the firm. The company produced 38,426.46 boe/d in Converse county in June 2020, an increase of 19.39% in production when compared with the previous month.

On a YTD basis, the county produced 5,25,793.2 boe/d for the company in 2020, a 20.8% 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.