Geosouthern Energy recorded a decrease of 7.99% in total oil and gas production to 22,262.02 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Geosouthern Energy declined 3.45% in April 2020 from 23,057.23 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production increased by 22.59% from the same period in 2019.
The company’s oil production declined 17.01% to 1,624 bd in April 2020 from the previous month, while gas production declined by 7.13% to 103.47 mmcf/d. On a YTD basis, oil production decreased by 16.71% in 2020 when compared with the same period in 2019, while gas production rose by 19.99%. Out of the total oil and gas production in April 2020, oil production held a 7.29% share, while gas production held an 80.13% share.
Looking at the states where Geosouthern Energy recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 22,262.02 boe/d in the state in April 2020, a decrease of 7.99% from the previous month.
On a YTD basis, the company produced 98,122.4 boe/d in Texas in 2020, recording an increase of 22.59% from the same period in 2019.
Geosouthern Energy witnessed the highest oil and gas production in Washington county in April 2020. Out of all the counties, Washington county held a share of 61.51% for the firm. The company produced 13,693.33 boe/d in Washington county in April 2020, a decrease of 5.35% in production when compared with the previous month.
On a YTD basis, the county produced 60,088.01 boe/d for the company in 2020, a 2.31% increase 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.