Fx Energy Operating recorded a decrease of 38.54% in total oil and gas production to 246.79 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Fx Energy Operating declined 58.48% in May 2020 from 594.34 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 26.94% from the same period in 2019.

The company’s oil production declined 36.67% to 100.72 bd in May 2020 from the previous month, while gas production declined by 42.03% to 0.8 mmcf/d. On a YTD basis, oil production decreased by 34.21% in 2020 when compared with the same period in 2019, while gas production declined by 20.95%. Out of the total oil and gas production in May 2020, oil production held a 40.81% share, while gas production held a 55.89% share.


Looking at the states where Fx Energy Operating recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 164.2 boe/d in the state in May 2020, a decrease of 40.82% from the previous month.

On a YTD basis, the company produced 1,608.65 boe/d in Texas in 2020, recording a decrease of 46.25% from the same period in 2019.



Fx Energy Operating witnessed the highest oil and gas production in Zavala county in May 2020. Out of all the counties, Zavala county held a share of 33.18% for the firm. The company produced 81.88 boe/d in Zavala county in May 2020, a decrease of 14.92% in production when compared with the previous month.

On a YTD basis, the county produced 639.16 boe/d for the company in 2020, a 27.24% 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.