Dorado Drilling recorded a decrease of 38.28% in total oil and gas production to 165.46 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Dorado Drilling declined 49.16% in April 2020 from 325.43 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production decreased by 25.95% from the same period in 2019.
The company’s oil production declined 11.52% to 13.9 bd in April 2020 from the previous month, while gas production declined by 41.48% to 0.79 mmcf/d. On a YTD basis, oil production decreased by 38.85% in 2020 when compared with the same period in 2019, while gas production declined by 25%. Out of the total oil and gas production in April 2020, oil production held an 8.4% share, while gas production held an 82.32% share.
Looking at the states where Dorado Drilling recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 165.46 boe/d in the state in April 2020, a decrease of 38.28% from the previous month.
On a YTD basis, the company produced 1,061.74 boe/d in Texas in 2020, recording a decrease of 25.95% from the same period in 2019.
Dorado Drilling witnessed the highest oil and gas production in Mcmullen county in April 2020. Out of all the counties, Mcmullen county held a share of 72.78% for the firm. The company produced 120.42 boe/d in Mcmullen county in April 2020, a decrease of 45.74% in production when compared with the previous month.
On a YTD basis, the county produced 879.85 boe/d for the company in 2020, a 26.2% 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.