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September 16, 2022

High River Resources Operating records 19.79% decrease in production in May 2020

By Carmen

High River Resources Operating recorded a decrease of 19.79% in total oil and gas production to 1,122.72 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of High River Resources Operating declined 24.8% in May 2020 from 1,493.01 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 7.08% from the same period in 2019.

The company’s oil production declined 33.42% to 562.21 bd in May 2020 from the previous month, while gas production up by 0.93% to 3.25 mmcf/d. On a YTD basis, oil production decreased by 12.34% in 2020 when compared with the same period in 2019, while gas production rose by 1.66%. Out of the total oil and gas production in May 2020, oil production held a 50.08% share, while gas production held a 49.91% share.


Looking at the states where High River Resources Operating recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 568.66 boe/d in the state in May 2020, a decrease of 33.19% from the previous month.

On a YTD basis, the company produced 4,119.4 boe/d in Texas in 2020, recording a decrease of 44.73% from the same period in 2019.



High River Resources Operating witnessed the highest oil and gas production in King county in May 2020. Out of all the counties, King county held a share of 50.65% for the firm. The company produced 568.66 boe/d in King county in May 2020, a decrease of 33.19% in production when compared with the previous month.

On a YTD basis, the county produced 4,119.4 boe/d for the company in 2020, a 12.26% 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.

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