J R Pounds recorded a decrease of 14.8% in total oil and gas production to 202.19 boe/d in March 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of J R Pounds declined 27.27% in March 2020 from 278 boe/d in March 2019.
On a YTD basis, the company’s total oil and gas production decreased by 16.63% from the same period in 2019.
The company’s oil production declined 16.19% to 159.71 bd in March 2020 from the previous month, while gas production declined by 7.41% to 0.25 mmcf/d. On a YTD basis, oil production decreased by 20.2% in 2020 when compared with the same period in 2019, while gas production rose by 4.35%. Out of the total oil and gas production in March 2020, oil production held a 78.99% share, while gas production held a 21.32% share.
Looking at the states where J R Pounds recorded the highest oil and gas production in March 2020, Mississippi figured at the top, accounting for a 100% share. The company produced 175.18 boe/d in the state in March 2020, a decrease of 18.06% from the previous month.
On a YTD basis, the company produced 583.72 boe/d in Mississippi in 2020, recording a decrease of 26.62% from the same period in 2019.
J R Pounds witnessed the highest oil and gas production in Jones county in March 2020. Out of all the counties, Jones county held a share of 29.8% for the firm. The company produced 60.26 boe/d in Jones county in March 2020, a decrease of 32.64% in production when compared with the previous month.
On a YTD basis, the county produced 238.92 boe/d for the company in 2020, a 24.04% 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.