EL Dorado Oil & Gas recorded an increase of 61.1% in total oil and gas production to 1,219.44 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of EL Dorado Oil & Gas declined 35.78% in July 2020 from 1,898.8 boe/d in July 2019.
On a YTD basis, the company’s total oil and gas production decreased by 35.05% from the same period in 2019.
The company’s oil production grew 28.58% to 131.45 bd in July 2020 from the previous month, while gas production up by 70.26% to 5.84 mmcf/d. On a YTD basis, oil production decreased by 40.41% in 2020 when compared with the same period in 2019, while gas production declined by 35.3%. Out of the total oil and gas production in July 2020, oil production held a 10.78% share, while gas production held an 82.57% share.
Looking at the states where EL Dorado Oil & Gas recorded the highest oil and gas production in July 2020, Texas figured at the top, accounting for a 100% share. The company produced 1,219.44 boe/d in the state in July 2020, an increase of 61.1% from the previous month.
On a YTD basis, the company produced 9,313.76 boe/d in Texas in 2020, recording a decrease of 35.05% from the same period in 2019.
EL Dorado Oil & Gas witnessed the highest oil and gas production in Mcmullen county in July 2020. Out of all the counties, Mcmullen county held a share of 99.19% for the firm. The company produced 1,209.58 boe/d in Mcmullen county in July 2020, an increase of 62.2% in production when compared with the previous month.
On a YTD basis, the county produced 9,243.52 boe/d for the company in 2020, a 35.32% 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.
