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August 18, 2022

Headington Energy Partners records 64.01% decrease in production in April 2020

By Carmen

Headington Energy Partners recorded a decrease of 64.01% in total oil and gas production to 7,172.61 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Headington Energy Partners declined 67.56% in April 2020 from 22,110.52 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 17.66% from the same period in 2019.

The company’s oil production declined 60.13% to 2,795.44 bd in April 2020 from the previous month, while gas production declined by 66.51% to 24.05 mmcf/d. On a YTD basis, oil production increased by 0.48% in 2020 when compared with the same period in 2019, while gas production rose by 28.56%. Out of the total oil and gas production in April 2020, oil production held a 38.97% share, while gas production held a 57.81% share.


Looking at the states where Headington Energy Partners recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 7,172.61 boe/d in the state in April 2020, a decrease of 64.01% from the previous month.

On a YTD basis, the company produced 65,003.12 boe/d in Texas in 2020, recording an increase of 17.66% from the same period in 2019.



Headington Energy Partners witnessed the highest oil and gas production in Loving county in April 2020. Out of all the counties, Loving county held a share of 49.59% for the firm. The company produced 3,556.88 boe/d in Loving county in April 2020, a decrease of 58.39% in production when compared with the previous month.

On a YTD basis, the county produced 37,100.01 boe/d for the company in 2020, a 33.42% increase 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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