Hellman Properties recorded an increase of 5.49% in total oil and gas production to 337.75 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Hellman Properties declined 20.55% in July 2020 from 425.09 boe/d in July 2019.

On a YTD basis, the company’s total oil and gas production decreased by 17.5% from the same period in 2019.

The company’s oil production grew 5.9% to 318.58 bd in July 2020 from the previous month, while gas production stood at 0.11 mmcf/d. On a YTD basis, oil production decreased by 7.81% in 2020 when compared with the same period in 2019, while gas production declined by 71.81%. Out of the total oil and gas production in July 2020, oil production held a 94.32% share, while gas production held a 5.62% share.

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Looking at the states where Hellman Properties recorded the highest oil and gas production in July 2020, California figured at the top, accounting for a 100% share. The company produced 337.75 boe/d in the state in July 2020, an increase of 5.49% from the previous month.

On a YTD basis, the company produced 2,445.5 boe/d in California in 2020, recording a decrease of 17.5% from the same period in 2019.



Hellman Properties witnessed the highest oil and gas production in Orange county in July 2020. Out of all the counties, Orange county held a share of 100% for the firm. The company produced 337.75 boe/d in Orange county in July 2020, an increase of 5.49% in production when compared with the previous month.

On a YTD basis, the county produced 2,445.5 boe/d for the company in 2020, a 17.5% 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.