Flint Oak Energy recorded a decrease of 15.57% in total oil and gas production to 172.95 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Flint Oak Energy declined 49.88% in June 2020 from 345.08 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 28.57% from the same period in 2019.

The company’s oil production declined 24.48% to 104.51 bd in June 2020 from the previous month, while gas production up by 5.71% to 0.37 mmcf/d. On a YTD basis, oil production decreased by 21.6% in 2020 when compared with the same period in 2019, while gas production declined by 41.35%. Out of the total oil and gas production in June 2020, oil production held a 60.43% share, while gas production held a 36.88% share.


Looking at the states where Flint Oak Energy recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 172.95 boe/d in the state in June 2020, a decrease of 15.57% from the previous month.

On a YTD basis, the company produced 1,511.18 boe/d in Texas in 2020, recording a decrease of 28.57% from the same period in 2019.



Flint Oak Energy witnessed the highest oil and gas production in Dimmit county in June 2020. Out of all the counties, Dimmit county held a share of 68.16% for the firm. The company produced 117.89 boe/d in Dimmit county in June 2020, a decrease of 15.8% in production when compared with the previous month.

On a YTD basis, the county produced 981.62 boe/d for the company in 2020, a 30.16% 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.