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  1. Market Data
August 19, 2022

Jones L E Operating records 1.65% increase in production in April 2020

By Carmen

Jones L E Operating recorded an increase of 1.65% in total oil and gas production to 504.7 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Jones L E Operating grew 7.51% in April 2020 from 469.45 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production increased by 8.25% from the same period in 2019.

The company’s oil production grew 0.46% to 414.4 bd in April 2020 from the previous month, while gas production up by 6.12% to 0.52 mmcf/d. On a YTD basis, oil production increased by 11.49% in 2020 when compared with the same period in 2019, while gas production declined by 6.34%. Out of the total oil and gas production in April 2020, oil production held an 82.11% share, while gas production held a 17.76% share.


Looking at the states where Jones L E Operating recorded the highest oil and gas production in April 2020, Oklahoma figured at the top, accounting for a 100% share. The company produced 504.7 boe/d in the state in April 2020, an increase of 1.65% from the previous month.

On a YTD basis, the company produced 2,075.44 boe/d in Oklahoma in 2020, recording an increase of 8.25% from the same period in 2019.



Jones L E Operating witnessed the highest oil and gas production in Love county in April 2020. Out of all the counties, Love county held a share of 52.35% for the firm. The company produced 264.23 boe/d in Love county in April 2020, an increase of 1.77% in production when compared with the previous month.

On a YTD basis, the county produced 1,063.94 boe/d for the company in 2020, an 11.34% 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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