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  1. Market Data
August 19, 2022

Hurd Enterprises records 14.87% increase in production in April 2020

By Carmen

Hurd Enterprises recorded an increase of 14.87% in total oil and gas production to 1,635.23 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Hurd Enterprises grew 210.47% in April 2020 from 526.7 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 207.02% from the same period in 2019.

The company’s gas production up by 15.28% to 9.28 mmcf/d in April 2020 from the previous month. On a YTD basis, gas production rose by 230.83% in 2020 when compared with the same period in 2019. Out of the total oil and gas production in April 2020, gas production held a 97.84% share.


Looking at the states where Hurd Enterprises recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 1,635.23 boe/d in the state in April 2020, an increase of 14.87% from the previous month.

On a YTD basis, the company produced 6,302.47 boe/d in Texas in 2020, recording an increase of 207.02% from the same period in 2019.



Hurd Enterprises witnessed the highest oil and gas production in Mcmullen county in April 2020. Out of all the counties, Mcmullen county held a share of 94.7% for the firm. The company produced 1,548.51 boe/d in Mcmullen county in April 2020, an increase of 13.48% in production when compared with the previous month.

On a YTD basis, the county produced 5,886.16 boe/d for the company in 2020, a 594.14% increase 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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