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Fort Apache Energy recorded a decrease of 10.74% in total oil and gas production to 656.95 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Fort Apache Energy declined 31.52% in July 2020 from 959.29 boe/d in July 2019.
On a YTD basis, the company’s total oil and gas production decreased by 31.12% from the same period in 2019.
The company’s oil production declined 19.2% to 515.45 bd in July 2020 from the previous month, while gas production up by 51.43% to 0.53 mmcf/d. On a YTD basis, oil production decreased by 29.9% in 2020 when compared with the same period in 2019, while gas production declined by 6.68%. Out of the total oil and gas production in July 2020, oil production held a 78.46% share, while gas production held a 13.91% share.
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By GlobalDataLooking at the states where Fort Apache Energy recorded the highest oil and gas production in July 2020, Texas figured at the top, accounting for a 100% share. The company produced 561.76 boe/d in the state in July 2020, a decrease of 7.82% from the previous month.
On a YTD basis, the company produced 4,065.4 boe/d in Texas in 2020, recording a decrease of 38.89% from the same period in 2019.
Fort Apache Energy witnessed the highest oil and gas production in Jasper county in July 2020. Out of all the counties, Jasper county held a share of 54.25% for the firm. The company produced 356.41 boe/d in Jasper county in July 2020, a decrease of 15.05% in production when compared with the previous month.
On a YTD basis, the county produced 2,248 boe/d for the company in 2020, a 36.25% 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.
