View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
September 16, 2022

Iskandia Energy Operating records 14.84% decrease in production in May 2020

By Carmen

Iskandia Energy Operating recorded a decrease of 14.84% in total oil and gas production to 329.04 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Iskandia Energy Operating declined 19.75% in May 2020 from 410.04 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 18.21% from the same period in 2019.

The company’s oil production declined 40.03% to 147.41 bd in May 2020 from the previous month, while gas production up by 16.25% to 0.93 mmcf/d. On a YTD basis, oil production decreased by 17.06% in 2020 when compared with the same period in 2019, while gas production declined by 21.46%. Out of the total oil and gas production in May 2020, oil production held a 44.8% share, while gas production held a 48.73% share.


Looking at the states where Iskandia Energy Operating recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 329.04 boe/d in the state in May 2020, a decrease of 14.84% from the previous month.

On a YTD basis, the company produced 1,778.72 boe/d in Texas in 2020, recording a decrease of 18.21% from the same period in 2019.



Iskandia Energy Operating witnessed the highest oil and gas production in Pecos county in May 2020. Out of all the counties, Pecos county held a share of 34.37% for the firm. The company produced 113.09 boe/d in Pecos county in May 2020, an increase of 0.8% in production when compared with the previous month.

On a YTD basis, the county produced 493.87 boe/d for the company in 2020, a 28.35% 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology