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July 18, 2022

Ergon Energy Partners records 3.29% decrease in production in March 2020

By Carmen

Ergon Energy Partners recorded a decrease of 3.29% in total oil and gas production to 1,278.33 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Ergon Energy Partners declined 12.16% in March 2020 from 1,455.36 boe/d in March 2019.

On a YTD basis, the company’s total oil and gas production decreased by 9.93% from the same period in 2019.

The company’s oil production declined 100%, while gas production declined by 2.02% to 4.85 mmcf/d. On a YTD basis, oil production decreased by 98.1% in 2020 when compared with the same period in 2019, while gas production declined by 8.68%. Out of the total oil and gas production in March 2020, gas production held a 65.41% share.


Looking at the states where Ergon Energy Partners recorded the highest oil and gas production in March 2020, Texas figured at the top, accounting for a 100% share. The company produced 1,278.33 boe/d in the state in March 2020, a decrease of 3.29% from the previous month.

On a YTD basis, the company produced 3,963.95 boe/d in Texas in 2020, recording a decrease of 9.93% from the same period in 2019.



Ergon Energy Partners witnessed the highest oil and gas production in Tyler county in March 2020. Out of all the counties, Tyler county held a share of 100% for the firm. The company produced 1,278.33 boe/d in Tyler county in March 2020, a decrease of 3.29% in production when compared with the previous month.

On a YTD basis, the county produced 3,963.95 boe/d for the company in 2020, a 9.93% 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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