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September 15, 2022

D90 Energy records 23.24% decrease in production in May 2020

By Carmen

D90 Energy recorded a decrease of 23.24% in total oil and gas production to 4,442.53 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of D90 Energy declined 58.87% in May 2020 from 10,800.46 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 23.28% from the same period in 2019.

The company’s oil production declined 24.84% to 3,614.9 bd in May 2020 from the previous month, while gas production declined by 15.34% to 4.8 mmcf/d. On a YTD basis, oil production decreased by 21.1% in 2020 when compared with the same period in 2019, while gas production declined by 31.57%. Out of the total oil and gas production in May 2020, oil production held an 81.37% share, while gas production held an 18.63% share.


Looking at the states where D90 Energy recorded the highest oil and gas production in May 2020, Colorado figured at the top, accounting for a 1.06% share. The company produced 3,312.66 boe/d in the state in May 2020, a decrease of 27.02% from the previous month.

On a YTD basis, the company produced 24,902.94 boe/d in Colorado in 2020, recording a decrease of 40.96% from the same period in 2019.



D90 Energy witnessed the highest oil and gas production in JACKSON county in May 2020. Out of all the counties, JACKSON county held a share of 74.57% for the firm. The company produced 3,312.66 boe/d in JACKSON county in May 2020, a decrease of 15.76% in production when compared with the previous month.

On a YTD basis, the county produced 22,359.6 boe/d for the company in 2020, a 19.28% 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.

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