Kebo Oil & Gas recorded an increase of 15.56% in total oil and gas production to 961.32 boe/d in May 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Kebo Oil & Gas declined 38.08% in May 2020 from 1,552.59 boe/d in May 2019.

On a YTD basis, the company’s total oil and gas production decreased by 42.48% from the same period in 2019.

The company’s oil production declined 12.8% to 197.94 bd in May 2020 from the previous month, while gas production up by 25.71% to 4.01 mmcf/d. On a YTD basis, oil production decreased by 25.26% in 2020 when compared with the same period in 2019, while gas production declined by 43.26%. Out of the total oil and gas production in May 2020, oil production held a 20.59% share, while gas production held a 71.92% share.


Looking at the states where Kebo Oil & Gas recorded the highest oil and gas production in May 2020, Texas figured at the top, accounting for a 100% share. The company produced 961.32 boe/d in the state in May 2020, an increase of 15.56% from the previous month.

On a YTD basis, the company produced 4,440.46 boe/d in Texas in 2020, recording a decrease of 42.48% from the same period in 2019.



Kebo Oil & Gas witnessed the highest oil and gas production in Matagorda county in May 2020. Out of all the counties, Matagorda county held a share of 30.52% for the firm. The company produced 293.39 boe/d in Matagorda county in May 2020, a decrease of 15.71% in production when compared with the previous month.

On a YTD basis, the county produced 1,466.31 boe/d for the company in 2020, a 41.86% 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.