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Hillcrest Beverly Oil recorded an increase of 1.48% in total oil and gas production to 206.95 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Hillcrest Beverly Oil declined 6.67% in July 2020 from 221.73 boe/d in July 2019.
On a YTD basis, the company’s total oil and gas production decreased by 15.07% from the same period in 2019.
The company’s oil production grew 1.42% to 183.59 bd in July 2020 from the previous month, while gas production up by 7.69% to 0.14 mmcf/d. On a YTD basis, oil production decreased by 15.4% in 2020 when compared with the same period in 2019, while gas production declined by 12.61%. Out of the total oil and gas production in July 2020, oil production held an 88.71% share, while gas production held an 11.66% share.
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By GlobalDataLooking at the states where Hillcrest Beverly Oil recorded the highest oil and gas production in July 2020, California figured at the top, accounting for a 100% share. The company produced 206.95 boe/d in the state in July 2020, an increase of 1.48% from the previous month.
On a YTD basis, the company produced 1,425.27 boe/d in California in 2020, recording a decrease of 15.07% from the same period in 2019.
Hillcrest Beverly Oil witnessed the highest oil and gas production in Los Angeles county in July 2020. Out of all the counties, Los Angeles county held a share of 100% for the firm. The company produced 206.95 boe/d in Los Angeles county in July 2020, an increase of 1.48% in production when compared with the previous month.
On a YTD basis, the county produced 1,425.27 boe/d for the company in 2020, a 15.07% 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.
