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September 16, 2022

Flywheel Energy Production records 0.72% decrease in production in May 2020

By Carmen

Flywheel Energy Production recorded a decrease of 0.72% in total oil and gas production to 1,45,034.12 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Flywheel Energy Production declined 10.14% in May 2020 from 1,61,394.22 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 10.39% from the same period in 2019.

The company’s gas production declined by 0.72% to 841.2 mmcf/d in May 2020 from the previous month. On a YTD basis, gas production declined by 10.39% in 2020 when compared with the same period in 2019. Out of the total oil and gas production in May 2020, gas production held a 100% share.


Looking at the states where Flywheel Energy Production recorded the highest oil and gas production in May 2020, Arkansas figured at the top, accounting for a 100% share. The company produced 1,45,034.12 boe/d in the state in May 2020, a decrease of 0.72% from the previous month.

On a YTD basis, the company produced 7,47,169.73 boe/d in Arkansas in 2020, recording a decrease of 10.39% from the same period in 2019.



Flywheel Energy Production witnessed the highest oil and gas production in Van Buren county in May 2020. Out of all the counties, Van Buren county held a share of 29.11% for the firm. The company produced 42,222.15 boe/d in Van Buren county in May 2020, a decrease of 0.75% in production when compared with the previous month.

On a YTD basis, the county produced 2,17,980.14 boe/d for the company in 2020, a 9.26% 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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