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August 19, 2022

K.P. Kauffman records 11.22% increase in production in April 2020

By Carmen

K.P. Kauffman recorded an increase of 11.22% in total oil and gas production to 1,404.2 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of K.P. Kauffman declined 20.33% in April 2020 from 1,762.41 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 19.11% from the same period in 2019.

The company’s oil production grew 4.29% to 724.8 bd in April 2020 from the previous month, while gas production up by 19.76% to 3.94 mmcf/d. On a YTD basis, oil production decreased by 12.7% in 2020 when compared with the same period in 2019, while gas production declined by 25%. Out of the total oil and gas production in April 2020, oil production held a 51.62% share, while gas production held a 48.38% share.


Looking at the states where K.P. Kauffman recorded the highest oil and gas production in April 2020, Colorado figured at the top, accounting for a 5.13% share. The company produced 1,335.67 boe/d in the state in April 2020, an increase of 13.33% from the previous month.

On a YTD basis, the company produced 5,222.85 boe/d in Colorado in 2020, recording a decrease of 23.44% from the same period in 2019.



K.P. Kauffman witnessed the highest oil and gas production in Weld county in April 2020. Out of all the counties, Weld county held a share of 73.31% for the firm. The company produced 1,029.47 boe/d in Weld county in April 2020, an increase of 14.08% in production when compared with the previous month.

On a YTD basis, the county produced 3,978.87 boe/d for the company in 2020, a 21.18% 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.

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