Jones L E Operating recorded a decrease of 17.37% in total oil and gas production to 111.44 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Jones L E Operating declined 26.58% in May 2020 from 151.79 boe/d in May 2019.
On a YTD basis, the company’s total oil and gas production decreased by 11.61% from the same period in 2019.
The company’s oil production declined 18.97% to 98.63 bd in May 2020 from the previous month, while gas production declined by 12.5% to 0.07 mmcf/d. On a YTD basis, oil production decreased by 11.86% in 2020 when compared with the same period in 2019, while gas production declined by 9.09%. Out of the total oil and gas production in May 2020, oil production held an 88.51% share, while gas production held a 10.83% share.
Looking at the states where Jones L E Operating recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 111.44 boe/d in the state in May 2020, a decrease of 17.37% from the previous month.
On a YTD basis, the company produced 742.84 boe/d in Texas in 2020, recording a decrease of 11.61% from the same period in 2019.
Jones L E Operating witnessed the highest oil and gas production in Cooke county in May 2020. Out of all the counties, Cooke county held a share of 84.31% for the firm. The company produced 93.96 boe/d in Cooke county in May 2020, a decrease of 17.27% in production when compared with the previous month.
On a YTD basis, the county produced 553.78 boe/d for the company in 2020, a 3.34% increase 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.