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July 18, 2022

D90 Energy records 10.88% decrease in production in March 2020

By Carmen

D90 Energy recorded a decrease of 10.88% in total oil and gas production to 6,701.24 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of D90 Energy declined 6% in March 2020 from 7,129.23 boe/d in March 2019.

On a YTD basis, the company’s total oil and gas production decreased by 0.34% from the same period in 2019.

The company’s oil production declined 11.36% to 5,413.32 bd in March 2020 from the previous month, while gas production declined by 8.79% to 7.47 mmcf/d. On a YTD basis, oil production increased by 4.41% in 2020 when compared with the same period in 2019, while gas production declined by 16.64%. Out of the total oil and gas production in March 2020, oil production held an 80.78% share, while gas production held a 19.22% share.


Looking at the states where D90 Energy recorded the highest oil and gas production in March 2020, Colorado figured at the top, accounting for a 7.96% share. The company produced 5,053.8 boe/d in the state in March 2020, a decrease of 12.96% from the previous month.

On a YTD basis, the company produced 17,051.11 boe/d in Colorado in 2020, recording a decrease of 22.89% from the same period in 2019.



D90 Energy witnessed the highest oil and gas production in JACKSON county in March 2020. Out of all the counties, JACKSON county held a share of 65.59% for the firm. The company produced 4,395.61 boe/d in JACKSON county in March 2020, a decrease of 14.57% in production when compared with the previous month.

On a YTD basis, the county produced 15,114.39 boe/d for the company in 2020, a 12.91% 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.

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