Hillcrest Beverly Oil recorded an increase of 13.95% in total oil and gas production to 203.94 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Hillcrest Beverly Oil declined 8.22% in June 2020 from 222.2 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 16.34% from the same period in 2019.

The company’s oil production grew 15.03% to 181.02 bd in June 2020 from the previous month, while gas production stood at 0.13 mmcf/d. On a YTD basis, oil production decreased by 16.88% in 2020 when compared with the same period in 2019, while gas production declined by 12.63%. Out of the total oil and gas production in June 2020, oil production held an 88.76% share, while gas production held a 10.99% share.


Looking at the states where Hillcrest Beverly Oil recorded the highest oil and gas production in June 2020, California figured at the top, accounting for a 100% share. The company produced 203.94 boe/d in the state in June 2020, an increase of 13.95% from the previous month.

On a YTD basis, the company produced 1,218.32 boe/d in California in 2020, recording a decrease of 16.34% from the same period in 2019.



Hillcrest Beverly Oil witnessed the highest oil and gas production in Los Angeles county in June 2020. Out of all the counties, Los Angeles county held a share of 100% for the firm. The company produced 203.94 boe/d in Los Angeles county in June 2020, an increase of 13.95% in production when compared with the previous month.

On a YTD basis, the county produced 1,218.32 boe/d for the company in 2020, a 16.34% 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.