J P Oil recorded an increase of 11.82% in total oil and gas production to 631.58 boe/d in July 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of J P Oil declined 8.22% in July 2020 from 688.16 boe/d in July 2019.
On a YTD basis, the company’s total oil and gas production decreased by 8.93% from the same period in 2019.
The company’s oil production grew 11.9% to 477.97 bd in July 2020 from the previous month, while gas production up by 11.25% to 0.89 mmcf/d. On a YTD basis, oil production decreased by 16.12% in 2020 when compared with the same period in 2019, while gas production rose by 22.41%. Out of the total oil and gas production in July 2020, oil production held a 75.68% share, while gas production held a 24.29% share.
Looking at the states where J P Oil recorded the highest oil and gas production in July 2020, California figured at the top, accounting for a 100% share. The company produced 631.58 boe/d in the state in July 2020, an increase of 11.82% from the previous month.
On a YTD basis, the company produced 4,541.49 boe/d in California in 2020, recording a decrease of 8.93% from the same period in 2019.
J P Oil witnessed the highest oil and gas production in Kern county in July 2020. Out of all the counties, Kern county held a share of 98.81% for the firm. The company produced 624.06 boe/d in Kern county in July 2020, an increase of 11.71% in production when compared with the previous month.
On a YTD basis, the county produced 4,499.17 boe/d for the company in 2020, an 8.85% 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.