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July 18, 2022

Hyperion Oil & Gas records 4.61% decrease in production in March 2020

By Carmen

Hyperion Oil & Gas recorded a decrease of 4.61% in total oil and gas production to 862.04 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Hyperion Oil & Gas declined 2.72% in March 2020 from 886.11 boe/d in March 2019.

On a YTD basis, the company’s total oil and gas production increased by 20.29% from the same period in 2019.

The company’s oil production grew 4.88% to 498.61 bd in March 2020 from the previous month, while gas production declined by 14.92% to 2.11 mmcf/d. On a YTD basis, oil production increased by 12.7% in 2020 when compared with the same period in 2019, while gas production rose by 31.18%. Out of the total oil and gas production in March 2020, oil production held a 57.84% share, while gas production held a 42.2% share.


Looking at the states where Hyperion Oil & Gas recorded the highest oil and gas production in March 2020, Wyoming figured at the top, accounting for a 100% share. The company produced 674.62 boe/d in the state in March 2020, a decrease of 5.64% from the previous month.

On a YTD basis, the company produced 2,122.38 boe/d in Wyoming in 2020, recording a decrease of 5.95% from the same period in 2019.



Hyperion Oil & Gas witnessed the highest oil and gas production in Uinta county in March 2020. Out of all the counties, Uinta county held a share of 42.64% for the firm. The company produced 367.56 boe/d in Uinta county in March 2020, a decrease of 13.8% in production when compared with the previous month.

On a YTD basis, the county produced 1,231.47 boe/d for the company in 2020, a 39.61% 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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