Crescent Pass Energy recorded a decrease of 3.99% in total oil and gas production to 13,946.28 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Crescent Pass Energy declined 18.52% in April 2020 from 17,116.14 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production decreased by 15.76% from the same period in 2019.
The company’s oil production declined 11.4% to 2,288.43 bd in April 2020 from the previous month, while gas production declined by 2.73% to 66.74 mmcf/d. On a YTD basis, oil production decreased by 24.28% in 2020 when compared with the same period in 2019, while gas production declined by 13.77%. Out of the total oil and gas production in April 2020, oil production held a 16.41% share, while gas production held an 82.51% share.
Looking at the states where Crescent Pass Energy recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 13,623.38 boe/d in the state in April 2020, a decrease of 4% from the previous month.
On a YTD basis, the company produced 57,361.2 boe/d in Texas in 2020, recording a decrease of 17.78% from the same period in 2019.
Crescent Pass Energy witnessed the highest oil and gas production in Freestone county in April 2020. Out of all the counties, Freestone county held a share of 36.44% for the firm. The company produced 5,082.53 boe/d in Freestone county in April 2020, a decrease of 0.05% in production when compared with the previous month.
On a YTD basis, the county produced 20,694.33 boe/d for the company in 2020, an 8.05% decrease 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.