Davis Southern Operating recorded an increase of 2.76% in total oil and gas production to 470.93 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Davis Southern Operating grew 2.56% in July 2020 from 459.17 boe/d in July 2019.
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On a YTD basis, the company’s total oil and gas production increased by 29.76% from the same period in 2019.
The company’s oil production declined 0.91% to 207.06 bd in July 2020 from the previous month, while gas production up by 14.67% to 0.86 mmcf/d. On a YTD basis, oil production increased by 2.74% in 2020 when compared with the same period in 2019, while gas production rose by 136.75%. Out of the total oil and gas production in July 2020, oil production held a 43.97% share, while gas production held a 31.48% share.
Looking at the states where Davis Southern Operating recorded the highest oil and gas production in July 2020, Texas figured at the top, accounting for a 100% share. The company produced 470.93 boe/d in the state in July 2020, an increase of 2.76% from the previous month.
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By GlobalDataOn a YTD basis, the company produced 4,082.82 boe/d in Texas in 2020, recording an increase of 29.76% from the same period in 2019.
Davis Southern Operating witnessed the highest oil and gas production in Tyler county in July 2020. Out of all the counties, Tyler county held a share of 48.71% for the firm. The company produced 229.39 boe/d in Tyler county in July 2020, a decrease of 2.58% in production when compared with the previous month.
On a YTD basis, the county produced 1,925.4 boe/d for the company in 2020, a 10.47% 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.
