Hogback Exploration recorded a decrease of 7.96% in total oil and gas production to 495.45 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Hogback Exploration declined 14.01% in May 2020 from 576.2 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production decreased by 10.42% from the same period in 2019.
The company’s oil production declined 100%, while gas production declined by 4.33% to 2.87 mmcf/d. On a YTD basis, oil production decreased by 42.3% in 2020 when compared with the same period in 2019, while gas production declined by 7.81%. Out of the total oil and gas production in May 2020, gas production held a 99.87% share.
Looking at the states where Hogback Exploration recorded the highest oil and gas production in May 2020, Arkansas figured at the top. The company produced 495.45 boe/d in the state in May 2020, a decrease of 4.14% from the previous month.
On a YTD basis, the company produced 2,595.21 boe/d in Arkansas in 2020, recording a decrease of 15.01% from the same period in 2019.
Hogback Exploration witnessed the highest oil and gas production in Logan county in May 2020. Out of all the counties, Logan county held a share of 90.52% for the firm. The company produced 448.47 boe/d in Logan county in May 2020, a decrease of 5.61% in production when compared with the previous month.
On a YTD basis, the county produced 2,370.97 boe/d for the company in 2020, a 6.03% decrease from the same period in 2019.
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.