Kebo Oil & Gas recorded an increase of 6.22% in total oil and gas production to 831.86 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Kebo Oil & Gas declined 49.99% in April 2020 from 1,663.47 boe/d in April 2019.
On a YTD basis, the company’s total oil and gas production decreased by 43.58% from the same period in 2019.
The company’s oil production grew 5.61% to 227 bd in April 2020 from the previous month, while gas production up by 8.87% to 3.19 mmcf/d. On a YTD basis, oil production decreased by 20.04% in 2020 when compared with the same period in 2019, while gas production declined by 45.84%. Out of the total oil and gas production in April 2020, oil production held a 27.29% share, while gas production held a 66.12% share.
Looking at the states where Kebo Oil & Gas recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 831.86 boe/d in the state in April 2020, an increase of 6.22% from the previous month.
On a YTD basis, the company produced 3,479.15 boe/d in Texas in 2020, recording a decrease of 43.58% from the same period in 2019.
Kebo Oil & Gas witnessed the highest oil and gas production in Matagorda county in April 2020. Out of all the counties, Matagorda county held a share of 41.84% for the firm. The company produced 348.07 boe/d in Matagorda county in April 2020, an increase of 27.43% in production when compared with the previous month.
On a YTD basis, the county produced 1,172.92 boe/d for the company in 2020, a 40.16% 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.