Fort Apache Energy recorded a decrease of 36.49% in total oil and gas production to 487.51 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Fort Apache Energy declined 52.94% in April 2020 from 1,035.93 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production decreased by 19.21% from the same period in 2019.
The company’s oil production declined 43.46% to 302.87 bd in April 2020 from the previous month, while gas production declined by 12.5% to 0.91 mmcf/d. On a YTD basis, oil production decreased by 23.75% in 2020 when compared with the same period in 2019, while gas production rose by 40.07%. Out of the total oil and gas production in April 2020, oil production held a 62.13% share, while gas production held a 32.18% share.
Looking at the states where Fort Apache Energy recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 412.97 boe/d in the state in April 2020, a decrease of 40.26% from the previous month.
On a YTD basis, the company produced 2,672.79 boe/d in Texas in 2020, recording a decrease of 26.13% from the same period in 2019.
Fort Apache Energy witnessed the highest oil and gas production in Jasper county in April 2020. Out of all the counties, Jasper county held a share of 32.03% for the firm. The company produced 156.13 boe/d in Jasper county in April 2020, a decrease of 57.38% in production when compared with the previous month.
On a YTD basis, the county produced 1,460.58 boe/d for the company in 2020, a 27.4% 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.