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August 19, 2022

Lime Rock Resources A records 32.91% decrease in production in April 2020

By Carmen

Lime Rock Resources A recorded a decrease of 32.91% in total oil and gas production to 25,206.81 boe/d in April 2020 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Lime Rock Resources A declined 28.59% in April 2020 from 35,296.72 boe/d in April 2019.

On a YTD basis, the company’s total oil and gas production decreased by 0.35% from the same period in 2019.

The company’s oil production declined 47.46% to 11,289.92 bd in April 2020 from the previous month, while gas production declined by 13.26% to 77.93 mmcf/d. On a YTD basis, oil production decreased by 14.74% in 2020 when compared with the same period in 2019, while gas production rose by 23.8%. Out of the total oil and gas production in April 2020, oil production held a 44.79% share, while gas production held a 53.3% share.


Looking at the states where Lime Rock Resources A recorded the highest oil and gas production in April 2020, Texas figured at the top, accounting for a 100% share. The company produced 14,631.86 boe/d in the state in April 2020, a decrease of 16.27% from the previous month.

On a YTD basis, the company produced 70,095.69 boe/d in Texas in 2020, recording a decrease of 52.24% from the same period in 2019.



Lime Rock Resources A witnessed the highest oil and gas production in Dunn county in April 2020. Out of all the counties, Dunn county held a share of 24.86% for the firm. The company produced 6,266.62 boe/d in Dunn county in April 2020, a decrease of 44.51% in production when compared with the previous month.

On a YTD basis, the county produced 43,220.36 boe/d for the company in 2020, an 18.7% 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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