Laredo Energy Operating recorded a decrease of 6.25% in total oil and gas production to 16,666.23 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Laredo Energy Operating declined 25.79% in June 2020 from 22,459.7 boe/d in June 2019.

On a YTD basis, the company’s total oil and gas production decreased by 1.06% from the same period in 2019.

The company’s gas production declined by 6.21% to 96.43 mmcf/d in June 2020 from the previous month. On a YTD basis, gas production declined by 1% in 2020 when compared with the same period in 2019. Out of the total oil and gas production in June 2020, gas production held a 99.76% share.


Looking at the states where Laredo Energy Operating recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 16,666.23 boe/d in the state in June 2020, a decrease of 6.25% from the previous month.

On a YTD basis, the company produced 1,16,614.61 boe/d in Texas in 2020, recording a decrease of 1.06% from the same period in 2019.



Laredo Energy Operating witnessed the highest oil and gas production in Webb county in June 2020. Out of all the counties, Webb county held a share of 100% for the firm. The company produced 16,666.23 boe/d in Webb county in June 2020, a decrease of 6.25% in production when compared with the previous month.

On a YTD basis, the county produced 1,16,614.61 boe/d for the company in 2020, a 1.06% 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.